freenet (FRA:FNTN) Given a €30.00 Price Target at Hauck Aufhäuser Investment Banking

Hauck Aufhäuser Investment Banking set a €30.00 ($32.26) price objective on freenet (FRA:FNTN – Get Rating) in a report released on Tuesday, Borsen Zeitung reports.

A number of other research analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a €27.00 ($29.03) price objective on freenet in a research note on Monday, December 19th. The Goldman Sachs Group set a €30.00 ($32.26) price objective on freenet in a research note on Friday, November 4th. UBS Group set a €21.00 ($22.58) target price on freenet in a report on Wednesday, November 30th. Warburg Research set a €25.00 ($26.88) target price on freenet in a report on Friday, December 2nd. Finally, Berenberg Bank set a €27.00 ($29.03) target price on freenet in a report on Wednesday, November 2nd.

freenet Price Performance

Shares of FNTN stock opened at €21.78 ($23.42) on Tuesday. The stock’s 50 day simple moving average is €20.74 and its 200 day simple moving average is €21.33. freenet has a twelve month low of €3.22 ($3.46) and a twelve month high of €32.92 ($35.40).

About freenet

(Get Rating)

freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the areas of mobile voice and data services. The Mobile Communications segment offers mobile communications services, such as marketing of mobile communications services, which include voice and data services from the mobile communications network operators; sells and distributes mobile communications devices, as well as offers additional services for mobile data communications and digital lifestyle; and planning, construction, installation, and maintenance services for WiFi networks.