Zacks Investment Research Upgrades freenet (OTCMKTS:FRTAF) to Hold

Share on StockTwits

Zacks Investment Research upgraded shares of freenet (OTCMKTS:FRTAF) from a sell rating to a hold rating in a research report report published on Friday morning, Zacks.com reports.

According to Zacks, “Freenet AG is a mobile communications service provider. The company’s brand portfolio includes the mobilcom-debitel, freenet.de, gravis, media broadcast, klarmobil, freenet digital, freenet energy and motion TM. Freenet AG is headquartered in Budelsdorf, Germany. “

Separately, DZ Bank restated a buy rating on shares of freenet in a report on Monday, May 13th.

FRTAF opened at $22.65 on Friday. The firm’s fifty day simple moving average is $22.29. freenet has a 52-week low of $22.65 and a 52-week high of $23.71.

About freenet

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.

Read More: The primary rules of Elliott Wave theory

Get a free copy of the Zacks research report on freenet (FRTAF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for freenet and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

JPMorgan Chase & Co. Lowers News  to Underweight
JPMorgan Chase & Co. Lowers News to Underweight
Bayerische Motoren Werke  Receives Buy Rating from Credit Suisse Group
Bayerische Motoren Werke Receives Buy Rating from Credit Suisse Group
$86.04 Million in Sales Expected for Pennsylvania R.E.I.T.  This Quarter
$86.04 Million in Sales Expected for Pennsylvania R.E.I.T. This Quarter
$196.88 Million in Sales Expected for Cadence Bancorp  This Quarter
$196.88 Million in Sales Expected for Cadence Bancorp This Quarter
Bonterra Energy  Sets New 12-Month Low Following Analyst Downgrade
Bonterra Energy Sets New 12-Month Low Following Analyst Downgrade
Applied Materials, Inc.  Expected to Post Quarterly Sales of $3.53 Billion
Applied Materials, Inc. Expected to Post Quarterly Sales of $3.53 Billion


 
© 2006-2019 Zolmax.