Shares of Deutsche Telekom AG (FRA:DTE) have earned an average recommendation of “Hold” from the twenty-three research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is €17.31 ($20.60).

Several research firms have issued reports 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 Monday, October 16th. Berenberg Bank set a €15.80 ($18.81) price target on shares of Deutsche Telekom and gave the company a “neutral” rating in a research report on Monday, September 25th. Deutsche Bank set a €18.60 ($22.14) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Tuesday, December 5th. Goldman Sachs Group set a €19.40 ($23.10) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Wednesday, December 6th. Finally, Nord/LB set a €19.00 ($22.62) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Monday.

Deutsche Telekom (DTE) remained flat at $€15.20 ($18.10) during midday trading on Thursday. Deutsche Telekom has a 12-month low of €14.63 ($17.42) and a 12-month high of €18.13 ($21.58).

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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)

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