United Internet (ETR:UTDI) PT Set at €29.00 by Jefferies Financial Group
United Internet (ETR:UTDI) has been assigned a €29.00 ($33.72) price target by research analysts at Jefferies Financial Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 3.49% from the company’s previous close.
A number of other analysts have also recently weighed in on the company. HSBC set a €32.00 ($37.21) price target on United Internet and gave the company a “neutral” rating in a research note on Monday, October 28th. Barclays set a €35.00 ($40.70) price objective on United Internet and gave the stock a “buy” rating in a report on Monday, November 4th. Hauck & Aufhaeuser set a €48.00 ($55.81) price objective on United Internet and gave the stock a “buy” rating in a report on Monday, October 28th. Credit Suisse Group set a €33.00 ($38.37) price objective on United Internet and gave the stock a “neutral” rating in a report on Thursday, October 17th. Finally, Macquarie set a €23.00 ($26.74) price objective on United Internet and gave the stock a “sell” rating in a report on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €38.68 ($44.98).
United Internet stock traded down €0.30 ($0.35) during midday trading on Tuesday, reaching €30.05 ($34.94). The company’s stock had a trading volume of 365,061 shares, compared to its average volume of 315,722. United Internet has a fifty-two week low of €24.21 ($28.15) and a fifty-two week high of €41.35 ($48.08). The company has a quick ratio of 0.85, a current ratio of 1.11 and a debt-to-equity ratio of 44.96. The company has a market cap of $5.70 billion and a P/E ratio of 34.62. The business has a 50-day simple moving average of €32.07 and a 200-day simple moving average of €31.03.
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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