Barclays Reiterates Overweight Rating for United Internet (OTCMKTS:UDIRF)

Barclays reiterated their overweight rating on shares of United Internet (OTCMKTS:UDIRF) in a research note published on Friday morning, The Fly reports.

A number of other research analysts have also commented on UDIRF. Zacks Investment Research lowered shares of United Internet from a buy rating to a hold rating in a research note on Tuesday, July 6th. UBS Group set a $40.98 price target on shares of United Internet and gave the stock a neutral rating in a research report on Monday, July 12th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $44.49.

OTCMKTS UDIRF opened at $43.95 on Friday. United Internet has a 12 month low of $36.10 and a 12 month high of $47.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.01 and a quick ratio of 0.95. The firm has a market capitalization of $8.23 billion, a PE ratio of 20.83 and a beta of 0.78. The company’s 50 day simple moving average is $42.08 and its 200 day simple moving average is $43.22.

About United Internet

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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