flatexDEGIRO AG (OTCMKTS:FNNTF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of flatexDEGIRO AG (OTCMKTS:FNNTF) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several analysts have recently weighed in on FNNTF shares. Morgan Stanley raised flatexDEGIRO from an “equal weight” rating to an “overweight” rating in a report on Thursday, September 3rd. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a research note on Monday, July 6th. Jefferies Financial Group reaffirmed a “hold” rating on shares of flatexDEGIRO in a research report on Wednesday, July 22nd. Finally, Barclays initiated coverage on flatexDEGIRO in a report on Friday, June 12th. They issued an “overweight” rating for the company.

flatexDEGIRO Stock Performance

OTCMKTS FNNTF opened at $43.25 on Thursday. The company has a fifty day moving average of $42.89 and a two-hundred day moving average of $40.22. flatexDEGIRO has a 1 year low of $33.70 and a 1 year high of $46.96.

flatexDEGIRO Company Profile

flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.

The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.