UBS Group set a €65.00 ($80.25) target price on United Internet (ETR:UTDI) in a report released on Thursday morning. The firm currently has a buy rating on the stock.
UTDI has been the subject of several other reports. Independent Research set a €65.00 ($80.25) price objective on shares of United Internet and gave the company a buy rating in a research note on Wednesday, November 15th. Goldman Sachs Group set a €56.00 ($69.14) price target on shares of United Internet and gave the stock a buy rating in a research note on Wednesday, November 15th. equinet set a €63.00 ($77.78) price target on shares of United Internet and gave the stock a buy rating in a research note on Tuesday, November 14th. Kepler Capital Markets set a €58.00 ($71.60) price target on shares of United Internet and gave the stock a buy rating in a research note on Tuesday, November 14th. Finally, Commerzbank set a €63.00 ($77.78) price target on shares of United Internet and gave the stock a buy rating in a research note on Tuesday, November 14th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of €61.65 ($76.11).
Shares of United Internet (UTDI) traded down €0.80 ($0.99) during mid-day trading on Thursday, hitting €57.90 ($71.48). 201,296 shares of the stock traded hands, compared to its average volume of 333,024. The company has a market cap of $11,920.00 and a P/E ratio of 16.69. United Internet has a 12-month low of €37.45 ($46.23) and a 12-month high of €59.80 ($73.83).
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About United Internet
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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