freenet (FRA:FNTN) received a €15.00 ($17.44) price objective from research analysts at Goldman Sachs Group in a research note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Goldman Sachs Group’s target price points to a potential downside of 27.36% from the stock’s current price.
Other analysts also recently issued research reports about the company. Commerzbank set a €21.00 ($24.42) price target on freenet and gave the company a “buy” rating in a research note on Thursday, February 14th. Kepler Capital Markets set a €21.00 ($24.42) price target on freenet and gave the company a “buy” rating in a research note on Wednesday, January 30th. Hauck & Aufhaeuser set a €29.00 ($33.72) price target on freenet and gave the company a “buy” rating in a research note on Wednesday, March 27th. Jefferies Financial Group set a €23.40 ($27.21) price target on freenet and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Warburg Research set a €30.00 ($34.88) price target on freenet and gave the company a “neutral” rating in a research note on Tuesday, March 26th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €21.89 ($25.46).
freenet stock opened at €20.65 ($24.01) on Monday. freenet has a fifty-two week low of €3.22 ($3.74) and a fifty-two week high of €32.92 ($38.28).
freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. The company operates through Mobile Communications, TV and Media, and Other/Holding segments. It provides a portfolio of services and products primarily in the area of mobile voice and data services.
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