freenet (FRA:FNTN) has been given a €35.00 ($41.67) price objective by analysts at Warburg Research in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price target would indicate a potential upside of 10.62% from the company’s previous close.

A number of other research firms have also weighed in on FNTN. Citigroup set a €31.00 ($36.90) price objective on shares of freenet and gave the stock a “neutral” rating in a research report on Wednesday, December 13th. Hauck & Aufhaeuser set a €38.50 ($45.83) price objective on shares of freenet and gave the stock a “buy” rating in a research report on Friday, December 1st. Oddo Bhf set a €27.00 ($32.14) price objective on shares of freenet and gave the stock a “neutral” rating in a research report on Monday, November 13th. Commerzbank set a €28.00 ($33.33) price objective on shares of freenet and gave the stock a “neutral” rating in a research report on Friday, November 10th. Finally, Kepler Capital Markets set a €24.00 ($28.57) price objective on shares of freenet and gave the stock a “sell” rating in a research report on Friday, November 10th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €29.71 ($35.37).

Shares of freenet (FNTN) opened at €31.64 ($37.67) on Friday. freenet has a 1 year low of €3.22 ($3.83) and a 1 year high of €32.40 ($38.57). The firm has a market cap of $4,020.00 and a PE ratio of 12.66.

ILLEGAL ACTIVITY NOTICE: “Warburg Research Reiterates “€35.00” Price Target for freenet (FNTN)” was published by Watch List News and is owned by of Watch List News. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/warburg-research-reiterates-35-00-price-target-for-freenet-fntn/1804037.html.

About freenet

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)

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.