Shares of freenet AG (FRA:FNTN) have earned an average rating of “Hold” from the sixteen research firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is €26.65 ($30.99).

Several research firms have weighed in on FNTN. Independent Research set a €20.70 ($24.07) price objective on shares of freenet and gave the stock a “neutral” rating in a report on Wednesday, October 10th. Hauck & Aufhaeuser set a €32.50 ($37.79) price objective on shares of freenet and gave the stock a “buy” rating in a report on Wednesday, October 10th. UBS Group set a €23.50 ($27.33) price objective on shares of freenet and gave the stock a “neutral” rating in a report on Thursday, August 30th. Goldman Sachs Group set a €19.00 ($22.09) price objective on shares of freenet and gave the stock a “sell” rating in a report on Wednesday, August 15th. Finally, Warburg Research set a €30.00 ($34.88) price objective on shares of freenet and gave the stock a “neutral” rating in a report on Thursday, August 9th.

FNTN opened at €20.21 ($23.50) on Friday. freenet has a 1-year low of €3.22 ($3.74) and a 1-year high of €32.92 ($38.28).

About freenet

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.

Featured Article: Diversification Important in Investing

Analyst Recommendations for freenet (FRA:FNTN)

Receive News & Ratings for freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for freenet and related companies with MarketBeat.com's FREE daily email newsletter.