Deutsche Telekom (FRA:DTE) received a €18.00 ($20.93) price target from equities research analysts at Kepler Capital Markets in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ price target would indicate a potential upside of 16.43% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on DTE. HSBC reissued a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday. Macquarie set a €13.50 ($15.70) price target on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Thursday. Nord/LB set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday. UBS Group set a €18.30 ($21.28) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday. Finally, Jefferies Financial Group set a €12.10 ($14.07) price target on shares of Deutsche Telekom and gave the stock a “sell” rating in a report on Thursday, May 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of €16.63 ($19.34).
Shares of Deutsche Telekom stock traded down €0.01 ($0.01) on Thursday, reaching €15.46 ($17.98). The company had a trading volume of 9,027,022 shares. Deutsche Telekom has a 52-week low of €12.72 ($14.79) and a 52-week 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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