HSBC Reiterates “€33.00” Price Target for United Internet (UTDI)

HSBC set a €33.00 ($38.37) price objective on United Internet (ETR:UTDI) in a research note released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other analysts have also recently commented on UTDI. Deutsche Bank set a €56.00 ($65.12) price target on United Internet and gave the company a buy rating in a report on Friday, January 25th. DZ Bank reissued a buy rating on shares of United Internet in a report on Friday, January 25th. Macquarie set a €40.00 ($46.51) price target on United Internet and gave the company a neutral rating in a report on Monday, January 28th. UBS Group set a €44.40 ($51.63) price target on United Internet and gave the company a buy rating in a report on Friday, February 8th. Finally, Commerzbank set a €45.00 ($52.33) price objective on United Internet and gave the company a buy rating in a research note on Thursday, February 14th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. United Internet currently has a consensus rating of Buy and an average target price of €49.44 ($57.48).

UTDI opened at €32.30 ($37.56) 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. The company has a market capitalization of $6.63 billion and a PE ratio of 34.36. United Internet has a 12 month low of €30.25 ($35.17) and a 12 month high of €58.60 ($68.14).

United Internet Company Profile

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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Analyst Recommendations for United Internet (ETR:UTDI)

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