United Internet AG (UTDI) Given a €63.00 Price Target by Commerzbank Ag Analysts
United Internet AG (ETR:UTDI) has been assigned a €63.00 ($75.00) target price by investment analysts at Commerzbank Ag in a report issued on Friday. The firm presently has a “buy” rating on the stock.
A number of other brokerages have also recently weighed in on UTDI. Warburg Research set a €54.00 ($64.29) target price on shares of United Internet AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Deutsche Bank AG set a €64.00 ($76.19) target price on shares of United Internet AG and gave the stock a “buy” rating in a report on Wednesday, July 26th. HSBC Holdings plc set a €50.00 ($59.52) target price on shares of United Internet AG and gave the stock a “neutral” rating in a report on Monday, May 29th. Kepler Capital Markets set a €56.00 ($66.67) target price on shares of United Internet AG and gave the stock a “buy” rating in a report on Thursday, August 10th. Finally, Hauck & Aufhaeuser set a €61.00 ($72.62) target price on shares of United Internet AG and gave the stock a “buy” rating in a report on Friday, August 11th. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €59.56 ($70.90).
United Internet AG (ETR UTDI) traded up 0.85% on Friday, reaching €50.41. 832 shares of the company’s stock were exchanged. The firm has a market capitalization of €10.07 billion and a price-to-earnings ratio of 25.05. United Internet AG has a 1-year low of €34.47 and a 1-year high of €52.40. The stock’s 50 day moving average price is €50.38 and its 200 day moving average price is €45.82.
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About United Internet AG
United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates in two segments, Access and Applications. The Access segment offers landline and mobile Internet access products, as well as related applications, including home networks, online storage, telephony, video-on-demand, or IPTV to home users and small firms; data and network solutions for small and medium-sized companies; and infrastructure services for large corporations under the GMX, WEB.DE, and 1&1 brands.
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