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Analysts’ Top Communication Services Picks: Fiverr International (FVRR), freenet (GB:0MV2)

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Fiverr International (FVRRResearch Report), freenet (GB:0MV2Research Report) and Vivendi (GB:0IIFResearch Report) with bullish sentiments.

Fiverr International (FVRR)

In a report issued on April 22, Marvin Fong from BTIG maintained a Buy rating on Fiverr International, with a price target of $28.00. The company’s shares closed last Tuesday at $20.51, close to its 52-week low of $18.83.

According to TipRanks.com, Fong is ranked 0 out of 5 stars with an average return of -9.3% and a 35.3% success rate. Fong covers the NA sector, focusing on stocks such as Mercadolibre, Beyond Inc, and CarGurus.

Currently, the analyst consensus on Fiverr International is a Moderate Buy with an average price target of $30.25.

See the top stocks recommended by analysts >>

freenet (GB:0MV2)

In a report released yesterday, Mathieu Robilliard from Barclays maintained a Buy rating on freenet, with a price target of EUR34.00. The company’s shares closed yesterday at EUR26.22.

According to TipRanks.com, Robilliard is a 1-star analyst with an average return of -0.7% and a 53.0% success rate. Robilliard covers the NA sector, focusing on stocks such as Iridium Communications, Telefonica Brasil, and Telefonica.

Currently, the analyst consensus on freenet is a Strong Buy with an average price target of EUR30.79, implying a 14.2% upside from current levels. In a report issued on April 24, Hauck & Aufhaeuser also maintained a Buy rating on the stock with a EUR33.00 price target.

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