United Internet (ETR:UTDI) Rating Reaffirmed
Morgan Stanley now has a EUR 52.30 target price per share on the 10.26 billion EUR market cap company or 3.73% upside potential. In analysts note revealed to clients and investors on Saturday, 19 December, United Internet (ETR:UTDI) shares have had their Neutral Rating reconfirmed by investment advisers at Morgan Stanley.
From a total of 15 analysts covering United Internet (ETR:UTDI) stock, 12 rate it a ”Buy”, 2 a “Sell”, and 1 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is €57 while the lowest target price is €38.80. The mean of all analyst targets is €50.81 with a 0.95% above today’s (€50.33) stock price. United Internet was the topic of 31 analyst reports since July 8, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank upgraded shares on December 17 to “Buy” rating. Equinet upgraded shares to “Accumulate” rating and €48.50 target share price in a report from a November 18. Oddo & Cie upgraded UTDI stock in a recent report from November 24 to “Buy” rating. Commerzbank upgraded the rating on November 18. Commerzbank has a “Buy” rating and a €55 price target on shares. Finally, Warburg Research upgraded the stock to “Buy” rating in a report issued on a November 18.
The stock decreased 1.51% or EUR 0.77 on December 18, striking EUR 50.33. Approximately 491,409 shares of stock traded hands or 47.72% up from the average. United Internet AG (ETR:UTDI) has risen 29.99% since May 22, 2015 and is uptrending. It has outperformed by 33.80% the S&P500.
United Internet AG is a Germany-based Internet service well-known provider and holding firm of the United Internet Group. The company has a market cap of 10.26 billion EUR. The Company’s products and technical services are divided into two key divisions. It has 23.37 P/E ratio. The Access segment comprises narrowband, broadband and mobile access subscriptions, including the corresponding applications.