freenet (FNTN) Given a €23.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €23.00 ($28.40) target price on freenet (FRA:FNTN) in a research note issued to investors on Thursday morning. The brokerage currently has a sell rating on the stock.

A number of other research firms have also issued reports on FNTN. Kepler Capital Markets set a €27.00 ($33.33) target price on freenet and gave the company a sell rating in a report on Thursday, January 25th. Warburg Research set a €35.00 ($43.21) price objective on freenet and gave the stock a buy rating in a report on Friday, January 12th. Citigroup set a €31.00 ($38.27) price objective on freenet and gave the stock a neutral rating in a report on Wednesday, December 13th. Hauck & Aufhaeuser set a €38.50 ($47.53) price objective on freenet and gave the stock a buy rating in a report on Friday, December 1st. Finally, UBS Group set a €27.50 ($33.95) price objective on freenet and gave the stock a sell rating in a report on Thursday, February 1st. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. freenet has an average rating of Hold and an average target price of €29.46 ($36.37).

freenet (FRA FNTN) traded down €0.07 ($0.09) on Thursday, reaching €28.64 ($35.36). The company’s stock had a trading volume of 684,743 shares. The firm has a market cap of $3,660.00 and a price-to-earnings ratio of 11.46. freenet has a 12-month low of €3.22 ($3.98) and a 12-month high of €32.92 ($40.64).

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freenet Company Profile

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)

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