Shares of freenet AG (FRA:FNTN) have been assigned an average rating of “Hold” from the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is €29.98 ($35.27).

FNTN has been the subject of a number of research analyst reports. equinet AG set a €36.00 ($42.35) target price on shares of freenet AG and gave the company a “buy” rating in a research note on Friday, August 4th. Warburg Research set a €35.00 ($41.18) target price on shares of freenet AG and gave the company a “buy” rating in a research note on Friday, August 4th. Hauck & Aufhaeuser set a €40.00 ($47.06) target price on shares of freenet AG and gave the company a “buy” rating in a research note on Wednesday, August 2nd. Commerzbank Ag set a €28.00 ($32.94) target price on shares of freenet AG and gave the company a “neutral” rating in a research note on Wednesday, August 9th. Finally, UBS AG set a €26.80 ($31.53) target price on shares of freenet AG and gave the company a “neutral” rating in a research note on Wednesday, July 5th.

freenet AG (FNTN) opened at 27.97 on Monday. The firm’s 50-day moving average price is €28.51 and its 200-day moving average price is €29.17. freenet AG has a 52 week low of €3.22 and a 52 week high of €32.40. The company has a market capitalization of €3.58 billion and a price-to-earnings ratio of 16.45.

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freenet AG Company Profile

Analyst Recommendations for freenet AG (FRA:FNTN)

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