Independent Research set a €46.00 ($53.49) target price on United Internet (ETR:UTDI) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also commented on UTDI. Goldman Sachs Group set a €43.00 ($50.00) price objective on United Internet and gave the company a neutral rating in a report on Monday, April 15th. Kepler Capital Markets set a €53.00 ($61.63) price objective on United Internet and gave the company a buy rating in a report on Thursday, March 7th. UBS Group set a €44.40 ($51.63) price objective on United Internet and gave the company a buy rating in a report on Friday, February 8th. Commerzbank set a €45.00 ($52.33) price objective on United Internet and gave the company a buy rating in a report on Thursday, February 14th. Finally, Warburg Research set a €61.00 ($70.93) price objective on United Internet and gave the company a buy rating in a report on Thursday, March 28th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. United Internet has an average rating of Buy and an average price target of €50.36 ($58.55).
United Internet stock traded up €0.91 ($1.06) during midday trading on Wednesday, hitting €32.52 ($37.81). 478,800 shares of the company were exchanged, compared to its average volume of 315,722. The firm has a market cap of $6.33 billion and a price-to-earnings ratio of 34.60. United Internet has a fifty-two week low of €30.25 ($35.17) and a fifty-two week high of €58.60 ($68.14). The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 44.71.
United Internet Company Profile
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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