freenet AG (FNTN) Given a €35.00 Price Target at Warburg Research

Warburg Research set a €35.00 ($41.67) target price on freenet AG (FRA:FNTN) in a report issued on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other brokerages have also commented on FNTN. Kepler Capital Markets set a €24.00 ($28.57) price objective on freenet AG and gave the company a sell rating in a report on Tuesday, May 30th. UBS AG set a €26.80 ($31.90) price objective on freenet AG and gave the company a neutral rating in a report on Wednesday, July 5th. Barclays PLC set a €23.00 ($27.38) price objective on freenet AG and gave the company a sell rating in a report on Monday, August 14th. Hauck & Aufhaeuser set a €40.00 ($47.62) price objective on freenet AG and gave the company a buy rating in a report on Thursday, July 6th. Finally, Independent Research GmbH set a €31.00 ($36.90) price objective on freenet AG and gave the company a neutral rating in a report on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €29.98 ($35.69).

Shares of freenet AG (FNTN) opened at 28.144 on Tuesday. The firm has a market cap of €3.60 billion and a P/E ratio of 16.555. freenet AG has a 1-year low of €3.22 and a 1-year high of €32.40. The firm’s 50-day moving average is €28.35 and its 200-day moving average is €29.21.

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