Warburg Research set a €51.00 ($60.00) price target on United Internet (ETR:UTDI) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently commented on UTDI. Jefferies Financial Group set a €34.10 ($40.12) target price on United Internet and gave the company a neutral rating in a research note on Tuesday. Independent Research set a €45.00 ($52.94) target price on United Internet and gave the company a buy rating in a research note on Friday, March 26th. Deutsche Bank Aktiengesellschaft set a €45.00 ($52.94) price target on United Internet and gave the company a buy rating in a report on Thursday, February 18th. Kepler Capital Markets set a €41.00 ($48.24) price target on United Internet and gave the company a neutral rating in a report on Monday, February 22nd. Finally, Barclays set a €42.00 ($49.41) price target on United Internet and gave the company a buy rating in a report on Friday, March 26th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of €41.01 ($48.24).
UTDI opened at €35.20 ($41.41) on Tuesday. The stock has a market cap of $6.59 billion and a price-to-earnings ratio of 22.86. The stock’s 50 day moving average price is €34.42 and its 200-day moving average price is €34.87. United Internet has a one year low of €29.35 ($34.53) and a one year high of €43.88 ($51.62). The company has a debt-to-equity ratio of 39.50, a quick ratio of 0.77 and a current ratio of 1.09.
United Internet AG, through its subsidiaries, operates as an Internet service provider (ISP). It operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. The company offers landline-based broadband and mobile internet products, including home networks, online storage, telephony, and IPTV; and telecommunication products ranging from fiber-optic direct connections to tailored ICT solutions, which include voice, data, and network solutions, as well as infrastructure services to national and international carriers and ISPs.
Further Reading: Shanghai Stock Exchange Composite Index
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