Deutsche Telekom (FRA:DTE) has been given a €18.60 ($22.14) target price by investment analysts at Deutsche Bank in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 21.77% from the stock’s current price.

A number of other research analysts have also recently commented on DTE. Sanford C. Bernstein set a €16.45 ($19.58) price target on shares of Deutsche Telekom and gave the company a “neutral” rating in a research report on Wednesday, August 9th. Barclays set a €21.00 ($25.00) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Thursday, August 10th. UBS set a €18.20 ($21.67) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Friday, August 11th. BNP Paribas set a €18.00 ($21.43) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Tuesday, September 5th. Finally, set a €18.50 ($22.02) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €17.31 ($20.60).

Shares of Deutsche Telekom (FRA:DTE) traded up €0.03 ($0.04) during midday trading on Tuesday, reaching €15.28 ($18.18). 9,877,870 shares of the company’s stock were exchanged. Deutsche Telekom has a twelve month low of €14.47 ($17.23) and a twelve month high of €18.13 ($21.58).

COPYRIGHT VIOLATION WARNING: This report was originally published by American Banking News and is the property of of American Banking News. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/12/05/deutsche-telekom-dte-given-a-18-60-price-target-at-deutsche-bank.html.

About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

Receive News & Ratings for Deutsche Telekom AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom AG and related companies with MarketBeat.com's FREE daily email newsletter.