freenet (FRA:FNTN) Given a €21.50 Price Target at Deutsche Bank

freenet (FRA:FNTN) has been assigned a €21.50 ($25.00) price target by investment analysts at Deutsche Bank in a research note issued on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Deutsche Bank’s price target would suggest a potential upside of 3.76% from the stock’s previous close.

Several other analysts have also recently weighed in on FNTN. UBS Group set a €16.00 ($18.60) price objective on freenet and gave the company a “sell” rating in a research report on Thursday, November 7th. Berenberg Bank set a €18.00 ($20.93) price objective on freenet and gave the company a “neutral” rating in a research report on Tuesday, January 21st. Jefferies Financial Group set a €23.70 ($27.56) price objective on freenet and gave the company a “buy” rating in a research report on Wednesday, November 6th. Barclays set a €20.00 ($23.26) price objective on freenet and gave the company a “sell” rating in a research report on Thursday, November 14th. Finally, Independent Research set a €22.20 ($25.81) price objective on freenet and gave the company a “neutral” rating in a research report on Monday, November 11th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. freenet currently has an average rating of “Hold” and a consensus price target of €20.76 ($24.14).

freenet stock traded up €0.30 ($0.35) during trading hours on Thursday, hitting €20.72 ($24.09). 437,088 shares of the stock traded hands. The firm’s 50-day moving average price is €20.32 and its two-hundred day moving average price is €19.57. freenet has a one year low of €3.22 ($3.74) and a one year high of €32.92 ($38.28).

freenet Company Profile

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. The company operates through Mobile Communications, TV and Media, and Other/Holding segments. It provides a portfolio of services and products primarily in the area of mobile voice and data services.

Read More: Quiet Period

Analyst Recommendations for freenet (FRA:FNTN)

Receive News & Ratings for freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for freenet and related companies with MarketBeat.com's FREE daily email newsletter.