Independent Research Reiterates “€40.00” Price Target for United Internet (ETR:UTDI)
Independent Research set a €40.00 ($46.51) price target on United Internet (ETR:UTDI) in a research report released on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also recently issued research reports about the company. Goldman Sachs Group set a €39.00 ($45.35) price target on United Internet and gave the stock a neutral rating in a research note on Thursday, August 15th. HSBC set a €33.00 ($38.37) price objective on shares of United Internet and gave the company a neutral rating in a research report on Wednesday, August 28th. Deutsche Bank set a €40.00 ($46.51) price objective on shares of United Internet and gave the company a buy rating in a research note on Thursday, August 15th. Macquarie set a €23.00 ($26.74) price objective on shares of United Internet and gave the stock a sell rating in a research report on Wednesday, July 17th. Finally, Jefferies Financial Group set a €55.00 ($63.95) target price on shares of United Internet and gave the stock a buy rating in a research note on Thursday, August 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €43.08 ($50.09).
ETR:UTDI opened at €33.52 ($38.98) on Monday. The firm has a market cap of $6.67 billion and a P/E ratio of 38.62. The company has a current ratio of 1.11, a quick ratio of 0.85 and a debt-to-equity ratio of 44.96. The stock’s 50 day simple moving average is €27.85 and its 200-day simple moving average is €31.33. United Internet has a 12-month low of €24.21 ($28.15) and a 12-month high of €42.80 ($49.77).
United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates through four segment: Consumer Access, Business Access, Consumer Applications, and Business Applications. The company offers broadband and mobile access products, including home networks, online storage, telephony, video-on-demand, or IPTV; and data and network solutions for small and medium-sized enterprises, as well as infrastructure services for large corporations.
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