United Internet (ETR:UTDI) has been assigned a €69.00 ($82.14) price objective by Hauck & Aufhaeuser in a research note issued to investors on Friday, November 24th. The brokerage presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective would indicate a potential upside of 19.29% from the stock’s previous close.
A number of other research firms also recently weighed in on UTDI. Warburg Research set a €62.80 ($74.76) target price on shares of United Internet and gave the stock a “buy” rating in a report on Monday, July 31st. Kepler Capital Markets set a €58.00 ($69.05) target price on shares of United Internet and gave the stock a “buy” rating in a report on Friday, October 27th. UBS set a €57.00 ($67.86) price target on shares of United Internet and gave the company a “buy” rating in a report on Friday, September 15th. Goldman Sachs Group set a €62.00 ($73.81) price target on shares of United Internet and gave the company a “neutral” rating in a report on Thursday, November 23rd. Finally, Deutsche Bank set a €64.00 ($76.19) price target on shares of United Internet and gave the company a “buy” rating in a report on Friday, August 11th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of €60.40 ($71.90).
United Internet (UTDI) traded down €0.08 ($0.10) during trading hours on Friday, hitting €57.84 ($68.86). 266,669 shares of the stock were exchanged, compared to its average volume of 467,156. United Internet has a fifty-two week low of €34.42 ($40.98) and a fifty-two week high of €58.26 ($69.36).
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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