freenet AG (FRA:FNTN) has been given a €40.00 ($46.51) target price by investment analysts at Hauck & Aufhaeuser in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target would suggest a potential upside of 35.50% from the stock’s current price.
Other equities research analysts also recently issued research reports about the company. Barclays PLC set a €23.00 ($26.74) price target on freenet AG and gave the stock a “sell” rating in a research report on Monday, October 16th. Independent Research GmbH set a €31.00 ($36.05) target price on freenet AG and gave the stock a “neutral” rating in a research note on Wednesday, August 9th. UBS AG set a €26.80 ($31.16) target price on freenet AG and gave the stock a “neutral” rating in a research note on Wednesday, August 9th. Deutsche Bank AG set a €29.00 ($33.72) target price on freenet AG and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Finally, equinet AG set a €36.00 ($41.86) target price on freenet AG and gave the stock a “buy” rating in a research note on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. freenet AG has a consensus rating of “Hold” and an average target price of €30.00 ($34.88).
Shares of freenet AG (FNTN) opened at €29.52 ($34.33) on Friday. freenet AG has a 12-month low of €3.22 ($3.74) and a 12-month high of €32.40 ($37.67).
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freenet AG Company Profile
freenet AG provides network-independent telecommunication services focusing on mobile communications, mobile Internet, TV and media, and digital lifestyle applications 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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