freenet (FNTN) PT Set at €38.50 by Hauck & Aufhaeuser

freenet (FRA:FNTN) has been given a €38.50 ($45.83) price target by stock analysts at Hauck & Aufhaeuser in a research report issued on Friday. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price indicates a potential upside of 21.22% from the company’s current price.

Several other analysts also recently issued reports on FNTN. Kepler Capital Markets set a €24.00 ($28.57) price target on shares of freenet and gave the company a “sell” rating in a report on Wednesday, August 9th. Independent Research set a €31.00 ($36.90) price target on shares of freenet and gave the company a “neutral” rating in a report on Wednesday, August 9th. UBS set a €26.80 ($31.90) price target on shares of freenet and gave the company a “neutral” rating in a report on Wednesday, August 9th. Oddo Securities set a €27.00 ($32.14) price target on shares of freenet and gave the company a “neutral” rating in a report on Thursday, August 10th. Finally, Deutsche Bank set a €29.00 ($34.52) price target on shares of freenet and gave the company a “neutral” rating in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. freenet currently has an average rating of “Hold” and an average target price of €29.59 ($35.23).

Shares of freenet (FNTN) opened at €31.76 ($37.81) on Friday. freenet has a fifty-two week low of €3.22 ($3.83) and a fifty-two week high of €32.40 ($38.57).

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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.

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