Sanford C. Bernstein set a €16.25 ($19.35) price objective on Deutsche Telekom (FRA:DTE) in a research note issued to investors on Monday morning. The brokerage currently has a neutral rating on the stock.
A number of other brokerages have also commented on DTE. Barclays set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the company a buy rating in a report on Monday, November 13th. DZ Bank reissued a buy rating on shares of Deutsche Telekom in a report on Friday, December 15th. BNP Paribas set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the company a buy rating in a report on Thursday, September 14th. Jefferies Group set a €13.00 ($15.48) price objective on Deutsche Telekom and gave the company a sell rating in a report on Tuesday, December 19th. Finally, Kepler Capital Markets set a €16.00 ($19.05) price objective on Deutsche Telekom and gave the company a neutral rating in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €17.33 ($20.63).
Deutsche Telekom (DTE) opened at €14.87 ($17.70) on Monday. 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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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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