Deutsche Telekom (DTE) Given a €19.20 Price Target by Deutsche Bank Analysts
Deutsche Telekom (FRA:DTE) received a €19.20 ($22.86) price target from investment analysts at Deutsche Bank in a report released on Monday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 32.69% from the stock’s previous close.
DTE has been the subject of several other research reports. 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, December 11th. JPMorgan Chase & Co. set a €20.50 ($24.40) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Wednesday, October 11th. Jefferies Group set a €14.30 ($17.02) price objective on shares of Deutsche Telekom and gave the company a “sell” rating in a research note on Thursday, October 26th. Independent Research 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 Friday, December 22nd. Finally, DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company. Deutsche Telekom currently has a consensus rating of “Hold” and an average target price of €17.29 ($20.58).
Deutsche Telekom (FRA DTE) opened at €14.47 ($17.23) on Monday. Deutsche Telekom has a 12 month low of €14.38 ($17.12) and a 12 month high of €18.13 ($21.58).
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.
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