United Internet shares are experiencing a significant decline on the stock market today. In XETRA trading, the price fell by 1.1 percent to 18.84 euros. The share is currently around 25 percent below its 52-week high of EUR 25.06, which was reached on January 25th. Despite the recent share price decline, United Internet was able to record sales growth in the last quarter. Sales rose by 3.48 percent to 1.54 billion euros compared to the same period last year.
Analysts remain optimistic
Despite the current price weakness, analysts still see potential for the United Internet share. The average price target is 30.67 euros, which corresponds to significant upside potential. For the full year 2024, experts expect earnings per share of 0.919 euros. The next quarterly figures are expected to be published on November 12, 2024 and could provide further insights into the company’s financial development.
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United Internet shares: buy or sell?! New United Internet analysis from October 14th provides the answer:
These latest United Internet figures speak for themselves: there is an urgent need for action for United Internet shareholders. Is it worth getting started or should you sell? In the current free analysis from October 14th you will find out what to do now.
United Internet: Buy or sell? Read more here…
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