flatexDEGIRO AG (OTCMKTS:FNNTF) Given Consensus Recommendation of “Moderate Buy” by Analysts

flatexDEGIRO AG (OTCMKTS:FNNTF) has earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

A number of equities analysts have recently commented on FNNTF shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of flatexDEGIRO in a report on Wednesday, July 22nd. Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a research report on Monday, July 6th. Barclays began coverage on shares of flatexDEGIRO in a research note on Friday, June 12th. They issued an “overweight” rating on the stock. Finally, Morgan Stanley raised shares of flatexDEGIRO from an “equal weight” rating to an “overweight” rating in a report on Thursday.

flatexDEGIRO Stock Performance

Shares of OTCMKTS:FNNTF opened at $43.25 on Thursday. The firm has a 50 day simple moving average of $42.66 and a 200-day simple moving average of $40.14. flatexDEGIRO has a twelve month low of $33.70 and a twelve month high of $46.96.

flatexDEGIRO Company Profile

flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.

The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.