FRANKFURT (dpa-AFX) - Buoyed by a positive analyst note, shares of Ionos soared to their highest level in over two months on Thursday. The stock of the internet service provider, which is part of United Internet, reached a morning peak of 29 euros, marking its highest point since November 11. Most recently, the gain stood at 6.5 percent, with shares trading at 28.80 euros.
Oddo BHF upgraded the shares to "Outperform" on Thursday, with analyst Stephane Beyazian citing three reasons for the move after six months of share price weakness. The greatest excitement was likely sparked by his mention of opportunities in the field of agentic AI. The expert also pointed to a potential dividend opportunity thanks to the company's reduced debt level, as well as the possibility that trade disputes with the United States could benefit a European market player./tih/jha/
