United Internet (ETR:UTDI) received a €33.00 ($38.37) target price from research analysts at HSBC in a research note issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. HSBC’s target price points to a potential upside of 2.01% from the stock’s previous close.
A number of other research firms have also issued reports on UTDI. Warburg Research set a €59.00 ($68.60) target price on United Internet and gave the company a “buy” rating in a research note on Tuesday, April 30th. DZ Bank reiterated a “buy” rating on shares of United Internet in a research note 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 research note on Monday, January 28th. Deutsche Bank set a €56.00 ($65.12) target price on United Internet and gave the company a “buy” rating in a research note on Friday, January 25th. Finally, Goldman Sachs Group set a €43.00 ($50.00) target price on United Internet and gave the company a “neutral” rating in a research note on Monday, April 15th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. United Internet currently has a consensus rating of “Buy” and a consensus price target of €49.44 ($57.48).
UTDI stock opened at €32.35 ($37.62) on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 44.71. United Internet has a 1 year low of €30.25 ($35.17) and a 1 year high of €58.60 ($68.14). The stock has a market capitalization of $6.48 billion and a PE ratio of 34.41.
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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