United Internet AG (UTDI) Given Consensus Recommendation of “Buy” by Brokerages
United Internet AG (ETR:UTDI) has been assigned an average rating of “Buy” from the sixteen analysts that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is €59.52 ($70.86).
A number of analysts have issued reports on the company. UBS AG set a €57.00 ($67.86) target price on United Internet AG and gave the stock a “buy” rating in a research report on Tuesday, May 30th. Warburg Research set a €52.00 ($61.90) target price on United Internet AG and gave the stock a “buy” rating in a research report on Monday, May 29th. DZ Bank AG reissued a “buy” rating on shares of United Internet AG in a research report on Monday, May 29th. Hauck & Aufhaeuser set a €60.00 ($71.43) target price on United Internet AG and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Independent Research GmbH set a €60.00 ($71.43) target price on United Internet AG and gave the stock a “buy” rating in a research report on Thursday, August 10th.
United Internet AG (ETR UTDI) opened at 52.05 on Friday. The firm has a market capitalization of €10.40 billion and a price-to-earnings ratio of 25.87. The firm has a 50-day moving average price of €50.55 and a 200-day moving average price of €46.56. United Internet AG has a one year low of €34.47 and a one year high of €52.50.
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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