# Berenberg Reiterates 'Buy' Rating for United Internet, Sets €42 Target ## Analyst Maintains Positive Stance, Citing Strong Fundamentals ### Key Takeaways: - Berenberg analysts have reaffirmed their 'Buy' rating for United Internet (ISIN: DE0005483700), a leading European internet service provider. - The analysts have set a target price of €42 for the company's shares, representing a potential upside of over 25% from current levels. - This bullish outlook is based on United Internet's strong financial performance, solid market position, and attractive valuation. ### Analyst Insights: - Berenberg analysts highlight United Internet's consistent revenue growth, driven by its strong position in the German broadband market and its expanding cloud and hosting services. - They also note the company's focus on cost efficiency and its ability to generate strong cash flow. - Additionally, the analysts believe that United Internet's share price is currently undervalued, making it an attractive investment opportunity. ### Company Overview: - United Internet is a leading European internet service provider with operations in Germany, Austria, Switzerland, and other countries. - The company offers a range of services, including broadband, mobile, cloud, and hosting solutions. - United Internet has a strong market position, with a significant customer base and a leading share in the German broadband market. ### Market Reaction: - The news of Berenberg's 'Buy' rating has been well received by investors, with United Internet's share price rising by over 2% in early trading. - The company's shares have outperformed the broader market in recent months, reflecting investor confidence in the company's growth prospects. ### Conclusion: - Berenberg's 'Buy' rating for United Internet is a strong endorsement of the company's fundamentals and growth potential. - The analysts' target price of €42 offers investors a clear upside opportunity. - Investors may want to consider adding United Internet to their portfolios to capitalize on the company's strong growth prospects and attractive valuation. ### Source: - Berenberg Research, "United Internet: Buy, Target Price €42," March 8, 2023. [https://www.marketscreener.com/quote/stock/UNITEDINTERNET-AG-10386/news/Berenberg-belasst-United-Internet-auf-Buy-Ziel-42-Euro-41469640/](https://www.marketscreener.com/quote/stock/UNITEDINTERNET-AG-10386/news/Berenberg-belasst-United-Internet-auf-Buy-Ziel-42-Euro-41469640/)
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