United Internet AG (OTCMKTS:UDIRF – Get Rating) – Investment analysts at Jefferies Financial Group cut their FY2022 EPS estimates for shares of United Internet in a research report issued on Thursday, May 5th. Jefferies Financial Group analyst U. Rathe now anticipates that the company will earn $1.96 per share for the year, down from their prior estimate of $2.16. Jefferies Financial Group also issued estimates for United Internet’s FY2023 earnings at $2.28 EPS and FY2024 earnings at $2.66 EPS.
Several other analysts also recently commented on the stock. Zacks Investment Research raised shares of United Internet from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. Oddo Bhf initiated coverage on shares of United Internet in a report on Thursday, February 17th. They issued an “outperform” rating and a €44.00 ($46.32) price objective on the stock. Finally, UBS Group lowered their price target on shares of United Internet from €36.00 ($37.89) to €33.00 ($34.74) in a report on Friday, April 29th.
Shares of United Internet stock opened at $37.99 on Monday. The firm’s 50 day simple moving average is $37.99 and its two-hundred day simple moving average is $38.24. The firm has a market capitalization of $7.11 billion, a price-to-earnings ratio of 18.44 and a beta of 0.62. United Internet has a 12-month low of $36.10 and a 12-month high of $46.15.
About United Internet (Get Rating)
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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