freenet (FRA:FNTN) Given a €30.00 Price Target by The Goldman Sachs Group Analysts

freenet (FRA:FNTN – Get Rating) has been given a €30.00 ($31.91) price target by investment analysts at The Goldman Sachs Group in a note issued to investors on Wednesday, Borsen Zeitung reports. The Goldman Sachs Group’s price target points to a potential upside of 27.17% from the company’s previous close.

FNTN has been the topic of several other research reports. UBS Group set a €21.00 ($22.34) target price on freenet in a research report on Thursday, February 23rd. Hauck Aufhäuser Investment Banking set a €30.00 ($31.91) price target on freenet in a research note on Thursday, February 23rd. Barclays set a €27.50 ($29.26) target price on freenet in a research report on Thursday, February 23rd. Berenberg Bank set a €28.00 ($29.79) price objective on freenet in a research report on Tuesday, February 21st. Finally, Warburg Research set a €26.00 ($27.66) target price on freenet in a research note on Wednesday.

freenet Price Performance

Shares of FRA:FNTN opened at €23.59 ($25.10) on Wednesday. The business has a 50-day moving average price of €22.27 and a 200 day moving average price of €21.26. freenet has a 12-month low of €3.22 ($3.43) and a 12-month high of €32.92 ($35.02).

freenet Company Profile

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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.