United Internet (ETR:UTDI) has been given a €35.00 ($40.70) price target by investment analysts at Independent Research in a note issued to investors on Friday, August 16th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Independent Research’s price objective suggests a potential upside of 17.45% from the stock’s current price.
A number of other research analysts have also weighed in on UTDI. DZ Bank reaffirmed a “neutral” rating on shares of United Internet in a research note on Friday, May 17th. Hauck & Aufhaeuser set a €48.00 ($55.81) price target on shares of United Internet and gave the company a “buy” rating in a research note on Monday, July 8th. HSBC set a €33.00 ($38.37) price target on shares of United Internet and gave the company a “neutral” rating in a research note on Friday, June 14th. Kepler Capital Markets set a €43.00 ($50.00) target price on shares of United Internet and gave the stock a “buy” rating in a report on Monday, May 20th. Finally, Credit Suisse Group set a €33.00 ($38.37) target price on shares of United Internet and gave the stock a “neutral” rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of €42.72 ($49.68).
ETR UTDI traded up €0.26 ($0.30) during trading on Friday, reaching €29.80 ($34.65). 312,789 shares of the stock traded hands, compared to its average volume of 315,722. The firm has a market cap of $5.97 billion and a price-to-earnings ratio of 34.33. The stock’s 50-day moving average price is €27.53 and its 200 day moving average price is €31.38. The company has a quick ratio of 0.85, a current ratio of 1.11 and a debt-to-equity ratio of 43.72. United Internet has a fifty-two week low of €24.21 ($28.15) and a fifty-two week high of €46.36 ($53.91).
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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