freenet AG (FNTN) Receives €28.47 Consensus Price Target from Analysts

freenet AG (FRA:FNTN) has earned an average recommendation of “Hold” from the ten ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is €29.98 ($35.27).

FNTN has been the subject of a number of research reports. Kepler Capital Markets set a €24.00 ($28.24) target price on freenet AG and gave the stock a “sell” rating in a report on Wednesday, May 24th. Barclays PLC set a €23.00 ($27.06) target price on freenet AG and gave the stock a “sell” rating in a report on Friday, July 7th. Hauck & Aufhaeuser set a €40.00 ($47.06) target price on freenet AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Commerzbank Ag set a €28.00 ($32.94) target price on freenet AG and gave the stock a “neutral” rating in a report on Thursday, July 20th. Finally, Deutsche Bank AG set a €29.00 ($34.12) target price on freenet AG and gave the stock a “neutral” rating in a report on Thursday, July 27th.

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freenet AG (FRA:FNTN) opened at 28.02 on Thursday. freenet AG has a one year low of €3.22 and a one year high of €32.40. The firm’s 50-day moving average is €28.52 and its 200 day moving average is €29.16. The firm has a market capitalization of €3.59 billion and a price-to-earnings ratio of 16.20.

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Analyst Recommendations for freenet AG (FRA:FNTN)

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