Jefferies Financial Group Analysts Give freenet (FNTN) a €25.70 Price Target
freenet (FRA:FNTN) has been assigned a €25.70 ($29.88) price objective by research analysts at Jefferies Financial Group in a research note issued on Thursday. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 44.67% from the stock’s current price.
A number of other equities research analysts have also recently weighed in on FNTN. Barclays set a €21.00 ($24.42) price target on freenet and gave the company a “sell” rating in a report on Monday, August 6th. UBS Group set a €23.50 ($27.33) price target on freenet and gave the company a “neutral” rating in a report on Thursday, August 30th. Hauck & Aufhaeuser set a €32.50 ($37.79) price target on freenet and gave the company a “buy” rating in a report on Wednesday, October 10th. Commerzbank set a €28.00 ($32.56) price target on freenet and gave the company a “neutral” rating in a report on Monday, October 22nd. Finally, Kepler Capital Markets set a €25.00 ($29.07) price target on freenet and gave the company a “neutral” rating in a report on Thursday, August 9th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €26.28 ($30.55).
freenet stock opened at €17.77 ($20.66) on Thursday. freenet has a one year low of €3.22 ($3.74) and a one year high of €32.92 ($38.28).
freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the area of mobile voice and data services. The company offers its postpaid and prepaid services under the mobilcom-debitel brand, as well as no-frills services under the klarmobil, freenetMobile, callMobile, and debitel light brands.
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