freenet (FNTN) PT Set at €21.00 by Barclays

freenet (FRA:FNTN) has been given a €21.00 ($25.93) price target by Barclays in a research report issued on Monday. The firm currently has a “sell” rating on the stock. Barclays’ target price points to a potential downside of 18.95% from the stock’s previous close.

A number of other analysts have also recently commented on the stock. Kepler Capital Markets set a €25.00 ($30.86) target price on shares of freenet and gave the company a “neutral” rating in a report on Wednesday, March 28th. Independent Research set a €26.50 ($32.72) target price on shares of freenet and gave the company a “neutral” rating in a report on Monday, March 26th. Bankhaus Lampe set a €26.00 ($32.10) target price on shares of freenet and gave the company a “neutral” rating in a report on Friday, March 16th. Hauck & Aufhaeuser set a €35.00 ($43.21) target price on shares of freenet and gave the company a “buy” rating in a report on Thursday, March 8th. Finally, Warburg Research set a €30.00 ($37.04) target price on shares of freenet and gave the company a “neutral” rating in a report on Tuesday, March 6th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €28.07 ($34.66).

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Shares of FNTN stock opened at €25.91 ($31.99) on Monday. freenet has a 12 month low of €3.22 ($3.98) and a 12 month high of €32.92 ($40.64).

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freenet 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.

Analyst Recommendations for freenet (FRA:FNTN)

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