United Internet AG (ETR:UTDI) has been given a €58.00 ($67.44) target price by Kepler Capital Markets in a research note issued on Friday, October 27th. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ target price points to a potential upside of 9.70% from the stock’s current price.
A number of other brokerages also recently issued reports on UTDI. Deutsche Bank AG set a €64.00 ($74.42) price target on United Internet AG and gave the company a “buy” rating in a report on Wednesday, July 26th. Warburg Research set a €62.80 ($73.02) price target on United Internet AG and gave the company a “buy” rating in a report on Monday, July 31st. UBS AG set a €57.00 ($66.28) price target on United Internet AG and gave the company a “buy” rating in a report on Friday, September 15th. HSBC Holdings plc set a €50.00 ($58.14) price target on United Internet AG and gave the company a “neutral” rating in a report on Thursday, July 6th. Finally, Hauck & Aufhaeuser set a €61.00 ($70.93) price target on United Internet AG and gave the company a “buy” rating in a report on Friday, August 11th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €60.05 ($69.83).
Shares of United Internet AG (UTDI) traded up €0.22 ($0.26) during trading hours on Friday, hitting €52.87 ($61.48). The stock had a trading volume of 735,570 shares, compared to its average volume of 321,082. United Internet AG has a twelve month low of €34.42 ($40.02) and a twelve month high of €54.92 ($63.86).
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United Internet AG 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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