UBS Group Reiterates €18.40 Price Target for Deutsche Telekom (DTE)

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UBS Group set a €18.40 ($21.40) price objective on Deutsche Telekom (FRA:DTE) in a research report released on Wednesday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also commented on DTE. Berenberg Bank set a €13.20 ($15.35) price objective on Deutsche Telekom and gave the company a sell rating in a report on Tuesday, March 19th. Kepler Capital Markets set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the company a buy rating in a report on Tuesday, March 12th. Credit Suisse Group set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the company a buy rating in a report on Tuesday, November 27th. HSBC set a €17.50 ($20.35) price objective on Deutsche Telekom and gave the company a buy rating in a report on Friday, March 8th. Finally, Independent Research set a €17.50 ($20.35) price objective on Deutsche Telekom and gave the company a buy rating in a report on Thursday, February 21st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of Buy and an average price target of €16.55 ($19.25).

Shares of FRA DTE opened at €15.65 ($18.19) on Wednesday. Deutsche Telekom has a 52 week low of €12.72 ($14.79) and a 52 week 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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