United Internet (ETR:UTDI) Given a €23.00 Price Target at Macquarie

Macquarie set a €23.00 ($26.74) price objective on United Internet (ETR:UTDI) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other brokerages have also recently issued reports on UTDI. DZ Bank raised shares of Linde to a buy rating in a report on Friday, May 17th. Jefferies Financial Group boosted their target price on shares of LyondellBasell Industries from $99.00 to $104.00 and gave the company a buy rating in a report on Tuesday, June 11th. Barclays reissued a hold rating on shares of Mettler-Toledo International in a report on Wednesday, May 15th. Hauck & Aufhaeuser set a €74.00 ($86.05) target price on shares of WashTec and gave the company a buy rating in a report on Monday, July 8th. Finally, UBS Group cut shares of JinkoSolar from a buy rating to a neutral rating and boosted their target price for the company from $22.00 to $25.00 in a report on Monday, June 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of €45.14 ($52.49).

Shares of UTDI stock opened at €26.00 ($30.23) on Wednesday. The firm’s fifty day simple moving average is €29.96. The company has a debt-to-equity ratio of 46.64, a current ratio of 1.00 and a quick ratio of 0.75. United Internet has a 1 year low of €28.09 ($32.66) and a 1 year high of €49.12 ($57.12). The company has a market cap of $5.21 billion and a PE ratio of 34.21.

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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Analyst Recommendations for United Internet (ETR:UTDI)

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