UBS Group set a €18.60 ($21.63) target price on Deutsche Telekom (FRA:DTE) in a report published on Friday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
DTE has been the topic of a number of other reports. equinet set a €15.50 ($18.02) price target on Deutsche Telekom and gave the company a neutral rating in a research note on Thursday, November 22nd. Kepler Capital Markets set a €18.00 ($20.93) price target on Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, December 12th. Commerzbank set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Thursday, November 8th. Credit Suisse Group set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Tuesday, November 6th. Finally, HSBC set a €17.50 ($20.35) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Wednesday, November 28th. Two 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 has an average rating of Buy and a consensus price target of €16.95 ($19.71).
Shares of DTE stock opened at €14.25 ($16.56) on Friday. Deutsche Telekom has a 12 month low of €12.72 ($14.79) and a 12 month high of €18.13 ($21.08).
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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