United Internet (UTDI) Given a €40.00 Price Target at Goldman Sachs Group

United Internet (ETR:UTDI) has been assigned a €40.00 ($46.51) price target by analysts at Goldman Sachs Group in a report released on Thursday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target would suggest a potential upside of 8.25% from the company’s current price.

Several other equities analysts also recently weighed in on UTDI. Berenberg Bank set a €64.00 ($74.42) price target on United Internet and gave the company a “buy” rating in a report on Wednesday, September 19th. Barclays set a €65.00 ($75.58) price target on United Internet and gave the company a “buy” rating in a report on Tuesday, October 2nd. Warburg Research set a €61.00 ($70.93) price target on United Internet and gave the company a “buy” rating in a report on Tuesday, October 9th. Jefferies Financial Group set a €64.00 ($74.42) price target on United Internet and gave the company a “buy” rating in a report on Monday, October 29th. Finally, Deutsche Bank set a €58.00 ($67.44) price target on United Internet and gave the company a “buy” rating in a report on Wednesday, October 31st. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of €55.29 ($64.29).

Shares of ETR:UTDI opened at €36.95 ($42.97) on Thursday. United Internet has a 1-year low of €37.80 ($43.95) and a 1-year high of €59.80 ($69.53).

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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