Credit Suisse Group set a €33.00 ($38.37) target price on United Internet (ETR:UTDI) in a research note released on Tuesday, August 27th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts have also recently issued reports on the company. Barclays set a €45.00 ($52.33) target price on United Internet and gave the stock a buy rating in a report on Thursday, August 15th. DZ Bank restated a buy rating on shares of United Internet in a report on Tuesday, August 20th. Kepler Capital Markets set a €43.00 ($50.00) price objective on United Internet and gave the stock a buy rating in a research note on Monday, May 20th. Hauck & Aufhaeuser set a €48.00 ($55.81) price target on United Internet and gave the stock a buy rating in a research report on Monday, July 8th. Finally, Macquarie set a €23.00 ($26.74) target price on shares of United Internet and gave the company a sell rating in a research note on Wednesday, July 17th. 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 company’s stock. The company currently has a consensus rating of Buy and a consensus price target of €43.08 ($50.09).
Shares of UTDI traded down €0.12 ($0.14) during mid-day trading on Tuesday, reaching €33.52 ($38.98). 394,325 shares of the company’s stock were exchanged, compared to its average volume of 315,722. The company has a 50-day simple moving average of €27.85 and a two-hundred day simple moving average of €31.33. 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 company has a market cap of $6.67 billion and a price-to-earnings ratio of 38.62. United Internet has a 52-week low of €24.21 ($28.15) and a 52-week high of €42.80 ($49.77).
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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