HSBC set a €33.00 ($38.37) price objective on United Internet (ETR:UTDI) in a report published on Wednesday, August 28th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research firms have also recently weighed in on UTDI. DZ Bank reaffirmed a buy rating on shares of United Internet in a report on Tuesday, August 20th. Kepler Capital Markets set a €43.00 ($50.00) target price on United Internet and gave the company a buy rating in a report on Monday, May 20th. Hauck & Aufhaeuser set a €48.00 ($55.81) target price on United Internet and gave the company a buy rating in a report on Monday, July 8th. Independent Research set a €35.00 ($40.70) target price on United Internet and gave the company a buy rating in a report on Friday, August 16th. Finally, Deutsche Bank set a €40.00 ($46.51) price target on United Internet and gave the company a buy rating in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. United Internet has a consensus rating of Buy and an average price target of €43.08 ($50.09).
Shares of UTDI traded down €0.39 ($0.45) during mid-day trading on Wednesday, reaching €32.61 ($37.92). The company had a trading volume of 1,046,791 shares, compared to its average volume of 315,722. The stock has a market capitalization of $6.61 billion and a P/E ratio of 37.57. United Internet has a 52-week low of €24.21 ($28.15) and a 52-week high of €35.69 ($41.50). 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 stock has a 50 day moving average of €28.95 and a two-hundred day moving average of €31.40.
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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