United Internet (UTDI) Given a €58.00 Price Target at Hauck & Aufhaeuser

Hauck & Aufhaeuser set a €58.00 ($65.91) price objective on United Internet (ETR:UTDI) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently commented on the company. DZ Bank reiterated a buy rating on shares of United Internet in a report on Thursday, April 26th. Barclays set a €75.00 ($85.23) price objective on United Internet and gave the company a buy rating in a report on Thursday, May 17th. Independent Research set a €67.00 ($76.14) price objective on United Internet and gave the company a buy rating in a report on Friday, May 11th. Berenberg Bank set a €64.00 ($72.73) price objective on United Internet and gave the company a buy rating in a report on Thursday, May 10th. Finally, Commerzbank set a €63.00 ($71.59) price objective on United Internet and gave the company a buy rating in a report on Wednesday, May 9th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of €60.04 ($68.22).

Shares of United Internet stock traded up €0.05 ($0.06) on Thursday, hitting €43.82 ($49.80). 452,512 shares of the company were exchanged, compared to its average volume of 315,722. United Internet has a 1-year low of €37.80 ($42.95) and a 1-year 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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