freenet (FNTN) Given a €28.00 Price Target by Commerzbank Analysts

freenet (FRA:FNTN) has been assigned a €28.00 ($32.56) price objective by Commerzbank in a note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Commerzbank’s target price would indicate a potential upside of 57.61% from the stock’s previous close.

Several other equities research analysts have also issued reports on the stock. UBS Group set a €23.50 ($27.33) target price on shares of freenet and gave the stock a “neutral” rating in a report on Thursday, August 30th. Independent Research set a €20.70 ($24.07) target price on shares of freenet and gave the stock a “neutral” rating in a report on Wednesday, October 10th. Hauck & Aufhaeuser set a €32.50 ($37.79) target price on shares of freenet and gave the stock a “buy” rating in a report on Wednesday, October 10th. Kepler Capital Markets set a €25.00 ($29.07) target price on shares of freenet and gave the stock a “neutral” rating in a report on Thursday, August 9th. Finally, Deutsche Bank set a €24.00 ($27.91) target price on shares of freenet and gave the stock a “neutral” rating in a report on Wednesday, October 31st. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €26.28 ($30.55).

freenet stock opened at €17.77 ($20.66) on Thursday. freenet has a 12-month low of €3.22 ($3.74) and a 12-month high of €32.92 ($38.28).

freenet Company Profile

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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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Analyst Recommendations for freenet (FRA:FNTN)

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