freenet (FRTAF) Lifted to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of freenet (OTCMKTS:FRTAF) from a sell rating to a hold rating in a research report released on Monday, 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 reaffirmed a buy rating on shares of freenet in a report on Monday, May 13th.

Shares of FRTAF opened at $22.65 on Monday. freenet has a twelve month low of $22.65 and a twelve month high of $23.71.

freenet Company Profile

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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