UBS Group Reiterates “€44.40” Price Target for United Internet (UTDI)
United Internet (ETR:UTDI) has been given a €44.40 ($51.63) price target by investment analysts at UBS Group in a research report issued to clients and investors on Friday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective would indicate a potential upside of 39.75% from the stock’s current price.
Other equities analysts also recently issued research reports about the company. DZ Bank reiterated a “buy” rating on shares of United Internet in a report on Wednesday, November 14th. Goldman Sachs Group set a €40.00 ($46.51) target price on United Internet and gave the company a “neutral” rating in a report on Friday, October 26th. Deutsche Bank set a €56.00 ($65.12) target price on United Internet and gave the company a “buy” rating in a report on Friday, January 25th. Macquarie set a €40.00 ($46.51) target price on United Internet and gave the company a “neutral” rating in a report on Monday, January 28th. Finally, Barclays set a €65.00 ($75.58) price objective on United Internet and gave the stock a “buy” rating in a report on Tuesday, November 13th. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of €53.03 ($61.66).
Shares of UTDI opened at €31.77 ($36.94) on Friday. United Internet has a fifty-two week low of €37.80 ($43.95) and a fifty-two week high of €59.80 ($69.53).
United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates through Access and Applications segments. The Access segment offers landline and mobile Internet access products; and related applications, including home networks, online storage, telephony, and video-on-demand or IPTV.
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