Key Investment Analysts at Deuay. Their Target Price Given is EUR 32.00

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freenet (ETR:FNTN) Rating Reaffirmed

In a very recent research note revealed to investors this morning, Deutsche Bank AG kept steady their “Hold” rating on freenet (ETR:FNTN) shares. The price target indicates a possible upside of 2.73% from company’s current stock price.

From a total of 11 analysts covering freenet (ETR:FNTN) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 8 a ”Hold”. This means that 27% of the ratings are positive. The highest target price is €36 while the lowest target price is €21. The mean of all analyst targets is €31 with a -0.51% below today’s (€31.16) stock price. freenet was the topic of 16 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Berenberg maintained shares on November 10 with “Hold” rating. Deutsche Bank maintained shares with “Hold” rating and €32 target share price in a report from a September 17. DZ-Bank AG maintained FNTN stock in a recent report from November 5 with “Hold” rating. Citigroup maintained the rating on September 10. Citigroup has a “Neutral” rating and a €29 price target on shares. Finally, Hauck & Aufhäuser Privatbankiers KGaA upgraded the stock to “Buy” rating in a report issued on an October 6.

The stock increased 1.76% or EUR 0.54 on December 16, striking EUR 31.16. Approximately 455,812 shares of stock traded hands or 11.92% up from the average. freenet AG (ETR:FNTN) has risen 6.00% since November 17, 2015 and is uptrending. It has outperformed by 8.62% the S&P500.

Key Investment Analysts at Deutsche Bank AG Maintained their ‘

Freenet AG is a Germany-based network-independent telecommunications provider. The company has a market cap of 3.81 billion EUR. The Company’s main activities are divided into two units: The Mobile Communications segment and Other. It has 16.64 P/E ratio. The Mobile Communications segment offers its clients a product portfolio of voice and data services for the mobile communication operators T-mobile, Vodaphone, E-plus and O2, as well as buying mobile communications services from the network operators and selling them to its end customers.

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