United Internet (ETR:UTDI) Receives “Neutral” Rating from DZ Bank

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DZ Bank reiterated their neutral rating on shares of United Internet (ETR:UTDI) in a report released on Thursday, September 19th, Borsen Zeitung reports.

UTDI has been the topic of a number of other research reports. Macquarie set a €23.00 ($26.74) price objective on United Internet and gave the company a sell rating in a research report on Wednesday, July 17th. Credit Suisse Group set a €33.00 ($38.37) price objective on United Internet and gave the company a neutral rating in a research report on Tuesday, August 27th. Jefferies Financial Group set a €55.00 ($63.95) price objective on United Internet and gave the company a buy rating in a research report on Thursday, August 15th. HSBC set a €33.00 ($38.37) price objective on United Internet and gave the company a neutral rating in a research report on Wednesday, August 28th. Finally, Goldman Sachs Group set a €39.00 ($45.35) price objective on United Internet and gave the company a neutral rating in a research report on Thursday, August 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of €43.08 ($50.09).

UTDI stock traded up €0.72 ($0.84) during trading on Thursday, reaching €34.47 ($40.08). 290,813 shares of the company traded hands, compared to its average volume of 315,722. United Internet has a 12 month low of €24.21 ($28.15) and a 12 month high of €35.69 ($41.50). The business has a 50 day simple moving average of €31.54 and a 200 day simple moving average of €31.43. The company has a market capitalization of $6.90 billion and a price-to-earnings ratio of 39.71. The company has a debt-to-equity ratio of 44.96, a quick ratio of 0.85 and a current ratio of 1.11.

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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