Independent Research Analysts Give United Internet (ETR:UTDI) a €37.00 Price Target

United Internet (ETR:UTDI) received a €37.00 ($43.02) price target from equities researchers at Independent Research in a research note issued on Friday, October 25th, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Independent Research’s price objective points to a potential upside of 24.71% from the company’s current price.

Several other analysts also recently weighed in on the company. Goldman Sachs Group set a €39.00 ($45.35) target price on United Internet and gave the stock a “neutral” rating in a research report on Thursday, August 15th. Macquarie set a €23.00 ($26.74) price target on United Internet and gave the company a “sell” rating in a research note on Wednesday, July 17th. DZ Bank restated a “neutral” rating on shares of United Internet in a research note on Thursday, September 19th. Credit Suisse Group set a €33.00 ($38.37) price target on United Internet and gave the company a “neutral” rating in a research note on Thursday, October 17th. Finally, Hauck & Aufhaeuser set a €48.00 ($55.81) price target on United Internet and gave the company a “buy” rating in a research note on Monday, July 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €38.68 ($44.98).

Shares of ETR:UTDI traded up €0.08 ($0.09) on Friday, hitting €29.67 ($34.50). 512,260 shares of the company’s stock were exchanged, compared to its average volume of 315,722. United Internet has a 12 month low of €24.21 ($28.15) and a 12 month high of €41.35 ($48.08). The stock has a market capitalization of $5.70 billion and a price-to-earnings ratio of 34.18. The business’s 50 day simple moving average is €32.39 and its two-hundred day simple moving average is €31.16. The company has a debt-to-equity ratio of 44.96, a current ratio of 1.11 and a quick ratio of 0.85.

About United Internet

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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Analyst Recommendations for United Internet (ETR:UTDI)

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