Brokerages Set United Internet AG (UTDI) PT at $60.40

United Internet AG (ETR:UTDI) has been given an average recommendation of “Buy” by the eighteen brokerages that are covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is €60.40 ($71.90).

Several equities analysts have commented on the company. UBS Group set a €57.00 ($67.86) target price on United Internet and gave the company a “buy” rating in a research report on Friday, September 15th. Macquarie set a €51.00 ($60.71) target price on United Internet and gave the company a “neutral” rating in a research report on Thursday, October 12th. Hauck & Aufhaeuser set a €69.00 ($82.14) target price on United Internet and gave the company a “buy” rating in a research report on Monday, October 9th. Redburn Partners set a €56.00 ($66.67) target price on United Internet and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Finally, Warburg Research set a €62.80 ($74.76) target price on United Internet and gave the company a “buy” rating in a research report on Tuesday, November 14th.

Shares of United Internet (ETR UTDI) traded up €0.50 ($0.60) during midday trading on Tuesday, hitting €59.08 ($70.33). The stock had a trading volume of 270,528 shares, compared to its average volume of 389,002. United Internet has a one year low of €37.15 ($44.23) and a one year high of €59.17 ($70.44). The stock has a market capitalization of $12,110.00 and a PE ratio of 17.03.

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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.

Analyst Recommendations for United Internet (ETR:UTDI)

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