Sanford C. Bernstein Analysts Give Deutsche Telekom (DTE) a €16.25 Price Target

Deutsche Telekom (FRA:DTE) received a €16.25 ($20.06) price objective from equities research analysts at Sanford C. Bernstein in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 23.29% from the company’s previous close.

A number of other brokerages have also recently weighed in on DTE. JPMorgan Chase & Co. set a €18.70 ($23.09) price objective on Deutsche Telekom and gave the company a “buy” rating in a research note on Tuesday, January 30th. HSBC set a €18.50 ($22.84) price objective on Deutsche Telekom and gave the company a “buy” rating in a research note on Tuesday, January 30th. Goldman Sachs Group set a €18.70 ($23.09) price objective on Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, February 1st. Barclays set a €19.30 ($23.83) price objective on Deutsche Telekom and gave the company a “buy” rating in a research note on Monday, October 16th. Finally, Citigroup set a €15.50 ($19.14) price objective on Deutsche Telekom and gave the company a “neutral” rating in a research note on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of €17.21 ($21.25).

Shares of Deutsche Telekom (DTE) traded down €0.35 ($0.43) on Thursday, reaching €13.18 ($16.27). The company had a trading volume of 232,019 shares. Deutsche Telekom has a 52-week low of €13.00 ($16.05) and a 52-week high of €18.13 ($22.38).

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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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