Deutsche Telekom (DTE) Given a €19.00 Price Target by Royal Bank of Canada Analysts

Deutsche Telekom (FRA:DTE) has been assigned a €19.00 ($22.62) target price by Royal Bank of Canada in a research report issued to clients and investors on Monday. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price would suggest a potential upside of 28.68% from the company’s current price.

Several other equities research analysts have also weighed in on the company. Nord/LB set a €19.00 ($22.62) price objective on Deutsche Telekom and gave the stock a “buy” rating in a report on Friday, November 17th. Barclays set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the stock a “buy” rating in a report on Monday, November 13th. Berenberg Bank set a €14.00 ($16.67) price objective on Deutsche Telekom and gave the stock a “neutral” rating in a report on Friday, December 15th. Commerzbank set a €18.00 ($21.43) target price on Deutsche Telekom and gave the company a “neutral” rating in a report on Monday, November 6th. Finally, Deutsche Bank set a €19.20 ($22.86) target price on Deutsche Telekom and gave the company a “buy” rating in a report on Monday, December 18th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. Deutsche Telekom presently has a consensus rating of “Hold” and a consensus target price of €17.31 ($20.61).

Shares of Deutsche Telekom (FRA:DTE) traded up €0.34 ($0.40) on Monday, reaching €14.77 ($17.58). The company had a trading volume of 12,570,633 shares. Deutsche Telekom has a 52 week low of €14.36 ($17.10) 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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