flatexDEGIRO AG (OTCMKTS:FNNTF – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.
Several equities analysts have issued reports on the company. Citigroup reiterated a “buy” rating on shares of flatexDEGIRO in a research report on Monday, July 6th. Jefferies Financial Group reaffirmed a “hold” rating on shares of flatexDEGIRO in a report on Wednesday, July 22nd. Morgan Stanley raised shares of flatexDEGIRO from an “equal weight” rating to an “overweight” rating in a report on Thursday, September 3rd. Finally, Barclays began coverage on shares of flatexDEGIRO in a research note on Friday, June 12th. They issued an “overweight” rating for the company.
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About flatexDEGIRO
flatexDEGIRO AG is a European online brokerage group that provides retail investors with digital access to securities markets. The company operates through the flatex and DEGIRO brands, offering brokerage services through online platforms and mobile applications.
Its services include trading and investing in shares, exchange-traded funds, bonds, investment funds, derivatives and other financial instruments. The group also provides related services such as securities custody, savings and investment plans, market information and portfolio-management tools, subject to the regulatory requirements of the countries in which it operates.
flatexDEGIRO was formed through the combination of German online broker flatex, established in 2006, and Dutch brokerage firm DEGIRO, founded in 2008.
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