United Internet (ETR:UTDI) received a €73.00 ($86.90) target price from equities researchers at Warburg Research in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Warburg Research’s price objective points to a potential upside of 24.87% from the company’s current price.
A number of other research analysts also recently issued reports on the company. Hauck & Aufhaeuser set a €69.00 ($82.14) price target on United Internet and gave the company a “buy” rating in a report on Friday, November 24th. Barclays set a €75.00 ($89.29) price target on United Internet and gave the company a “buy” rating in a report on Monday, October 16th. Goldman Sachs Group set a €56.00 ($66.67) price target on United Internet and gave the company a “buy” rating in a report on Wednesday, November 15th. Deutsche Bank set a €65.00 ($77.38) price target on United Internet and gave the company a “buy” rating in a report on Thursday, November 23rd. Finally, Kepler Capital Markets set a €58.00 ($69.05) price target on United Internet and gave the company a “buy” rating in a report on Tuesday, November 14th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of €61.18 ($72.83).
Shares of United Internet (ETR UTDI) traded up €0.76 ($0.90) during trading hours on Wednesday, reaching €58.46 ($69.60). The company had a trading volume of 318,346 shares, compared to its average volume of 350,265. United Internet has a 52 week low of €37.45 ($44.58) and a 52 week high of €59.80 ($71.19). The stock has a market cap of $11,980.00 and a P/E ratio of 16.85.
United Internet Company Profile
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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