freenet (OTCMKTS:FRTAF) Rating Reiterated by DZ Bank

freenet (OTCMKTS:FRTAF)‘s stock had its “buy” rating restated by analysts at DZ Bank in a research note issued on Tuesday, Borsen Zeitung reports.

A number of other equities research analysts also recently weighed in on FRTAF. Zacks Investment Research raised shares of freenet from a “sell” rating to a “hold” rating in a research note on Tuesday, June 30th. Barclays raised shares of freenet from an “underweight” rating to an “equal weight” rating in a research note on Friday, August 14th.

Shares of FRTAF opened at $17.57 on Tuesday. The firm’s 50 day simple moving average is $17.63 and its 200 day simple moving average is $18.78. The company has a market capitalization of $2.25 billion, a P/E ratio of 8.17 and a beta of 0.50. freenet has a 1-year low of $17.57 and a 1-year high of $17.57.

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.

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