DZ Bank Reiterates Buy Rating for United Internet (UTDI)

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United Internet (ETR:UTDI)‘s stock had its “buy” rating reiterated by stock analysts at DZ Bank in a research note issued on Monday.

Several other equities research analysts also recently weighed in on the company. Goldman Sachs Group set a €56.00 ($63.64) price target on United Internet and gave the stock a “neutral” rating in a report on Friday, April 27th. HSBC set a €52.00 ($59.09) price target on United Internet and gave the stock a “neutral” rating in a report on Friday, July 6th. Commerzbank set a €58.00 ($65.91) price target on United Internet and gave the stock a “neutral” rating in a report on Wednesday, July 25th. Warburg Research set a €64.60 ($73.41) price target on United Internet and gave the stock a “buy” rating in a report on Monday, June 4th. Finally, Hauck & Aufhaeuser set a €68.00 ($77.27) price target on United Internet and gave the stock a “buy” rating in a report on Thursday, June 14th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. United Internet has an average rating of “Buy” and an average target price of €60.10 ($68.30).

ETR UTDI traded up €1.14 ($1.30) during trading hours on Monday, hitting €44.96 ($51.09). 436,993 shares of the company were exchanged, compared to its average volume of 315,722. United Internet has a 52-week low of €37.80 ($42.95) and a 52-week high of €59.80 ($67.95).

About United Internet

United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates through Access and Applications segments. The Access segment offers landline and mobile Internet access products; and related applications, including home networks, online storage, telephony, and video-on-demand or IPTV.

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