Deutsche Telekom (DTE) Given a €13.20 Price Target by Berenberg Bank Analysts

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Deutsche Telekom (FRA:DTE) has been given a €13.20 ($15.35) price objective by Berenberg Bank in a research note issued to investors on Monday. The brokerage currently has a “sell” rating on the stock. Berenberg Bank’s price objective suggests a potential downside of 6.94% from the stock’s previous close.

Several other research firms also recently weighed in on DTE. Macquarie set a €15.00 ($17.44) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research report on Wednesday, January 9th. equinet set a €13.30 ($15.47) price objective on shares of Deutsche Telekom and gave the company a “neutral” rating in a research note on Thursday, November 8th. UBS Group set a €18.40 ($21.40) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Tuesday, November 6th. Barclays set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the company a “neutral” rating in a research note on Thursday, November 8th. Finally, Societe Generale set a €19.50 ($22.67) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, November 8th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. Deutsche Telekom currently has a consensus rating of “Buy” and a consensus price target of €16.95 ($19.71).

FRA:DTE opened at €14.19 ($16.49) on Monday. Deutsche Telekom has a twelve month low of €12.72 ($14.79) and a twelve month high of €18.13 ($21.08).

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. 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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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