United Internet (ETR:UTDI) has been given a €55.00 ($63.95) price objective by analysts at Jefferies Financial Group in a research note issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 70.12% from the company’s current price.
A number of other equities analysts also recently issued reports on UTDI. Deutsche Bank set a €56.00 ($65.12) price objective on shares of United Internet and gave the stock a “buy” rating in a report on Thursday, May 16th. Independent Research set a €46.00 ($53.49) price objective on shares of United Internet and gave the stock a “buy” rating in a report on Wednesday, May 15th. Goldman Sachs Group set a €43.00 ($50.00) price objective on shares of United Internet and gave the stock a “neutral” rating in a report on Wednesday, May 15th. DZ Bank reaffirmed a “buy” rating on shares of United Internet in a report on Friday, March 29th. Finally, Warburg Research set a €59.00 ($68.60) price objective on shares of United Internet and gave the stock a “buy” rating in a report on Wednesday, May 15th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of €49.08 ($57.07).
UTDI opened at €32.33 ($37.59) on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.75 and a debt-to-equity ratio of 46.64. The firm has a market cap of $6.48 billion and a price-to-earnings ratio of 42.54. United Internet has a 1 year low of €30.25 ($35.17) and a 1 year high of €58.60 ($68.14).
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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