Deutsche Telekom (FRA:DTE) has been given a €19.40 ($23.10) target price by equities researchers at Goldman Sachs Group in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 27.51% from the company’s previous close.

A number of other equities research analysts have also issued reports on DTE. Deutsche Bank set a €18.60 ($22.14) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Tuesday. Sanford C. Bernstein set a €16.45 ($19.58) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Monday, October 16th. Royal Bank Of Canada set a €19.00 ($22.62) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Wednesday. Berenberg Bank set a €15.80 ($18.81) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Monday, September 25th. Finally, UBS set a €19.50 ($23.21) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company. Deutsche Telekom currently has a consensus rating of “Hold” and a consensus target price of €17.31 ($20.60).

Deutsche Telekom (FRA:DTE) opened at €15.25 ($18.15) on Wednesday. Deutsche Telekom has a 52-week low of €14.47 ($17.23) and a 52-week high of €18.13 ($21.58).

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Deutsche Telekom Company Profile

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)

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