Citigroup Reiterates €31.00 Price Target for freenet (FNTN)
FNTN has been the topic of several other research reports. Hauck & Aufhaeuser set a €38.50 ($45.83) target price on freenet and gave the company a buy rating in a research report on Friday, December 1st. equinet set a €36.00 ($42.86) target price on freenet and gave the company a buy rating in a research report on Thursday, October 19th. UBS set a €27.00 ($32.14) target price on freenet and gave the company a neutral rating in a research report on Friday, October 27th. Kepler Capital Markets set a €24.00 ($28.57) target price on freenet and gave the company a sell rating in a research report on Friday, November 10th. Finally, Warburg Research set a €35.00 ($41.67) price target on freenet and gave the stock a buy rating in a research report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €29.71 ($35.37).
freenet (FRA:FNTN) opened at €31.13 ($37.06) on Wednesday. freenet has a 12-month low of €3.22 ($3.83) and a 12-month high of €32.40 ($38.57).
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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