Barclays Analysts Give Deutsche Telekom (DTE) a €18.50 Price Target

Deutsche Telekom (FRA:DTE) received a €18.50 ($22.02) price objective from equities researchers at Barclays in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock. Barclays’ target price suggests a potential upside of 27.94% from the company’s previous close.

Several other equities research analysts have also recently issued reports on DTE. 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 research note on Monday, October 16th. Berenberg Bank set a €15.80 ($18.81) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Monday, September 25th. Commerzbank set a €18.00 ($21.43) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Friday, January 12th. Deutsche Bank set a €19.20 ($22.86) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Monday, January 15th. Finally, Credit Suisse Group set a €16.50 ($19.64) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the stock. Deutsche Telekom has a consensus rating of “Hold” and an average price target of €17.31 ($20.61).

Shares of Deutsche Telekom (DTE) traded down €0.02 ($0.02) during midday trading on Friday, reaching €14.46 ($17.21). 49,608 shares of the company traded hands. Deutsche Telekom has a 12 month low of €14.36 ($17.10) and a 12 month 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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