United Internet (ETR:UTDI) Trading Up 0.8%

United Internet AG (ETR:UTDI) was up 0.8% during mid-day trading on Wednesday . The stock traded as high as €35.33 ($40.15) and last traded at €35.00 ($39.77). Approximately 290,881 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 315,722 shares. The stock had previously closed at €34.73 ($39.47).

UTDI has been the topic of several analyst reports. Jefferies Financial Group set a €35.90 ($40.80) price target on United Internet in a research report on Friday, December 10th. Barclays set a €42.00 ($47.73) target price on shares of United Internet in a report on Monday, December 13th. Hauck and Aufhaeuser set a €40.00 ($45.45) price target on shares of United Internet in a research report on Tuesday, December 14th. The Goldman Sachs Group set a €39.00 ($44.32) price target on shares of United Internet in a research report on Friday, December 10th. Finally, UBS Group set a €36.00 ($40.91) price target on shares of United Internet in a research note on Wednesday, November 10th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of €43.19 ($49.08).

The company has a market capitalization of $6.48 billion and a price-to-earnings ratio of 17.40. The company has a current ratio of 0.97, a quick ratio of 0.77 and a debt-to-equity ratio of 41.13. The company has a 50 day moving average price of €34.29 and a 200 day moving average price of €34.45.

United Internet Company Profile (ETR:UTDI)

United Internet AG, through its subsidiaries, operates as an Internet service provider (ISP). It operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. The company offers landline-based broadband and mobile internet products, including home networks, online storage, telephony, and IPTV; and telecommunication products ranging from fiber-optic direct connections to tailored ICT solutions, which include voice, data, and network solutions, as well as infrastructure services to national and international carriers and ISPs.

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