DZ Bank reaffirmed their buy rating on shares of Deutsche Telekom (FRA:DTE) in a research report report published on Friday, Borsen Zeitung reports.
Several other analysts have also recently commented on the company. Bank of America set a €18.00 ($20.93) target price on Deutsche Telekom and gave the stock a buy rating in a research report on Friday, November 1st. Macquarie set a €13.00 ($15.12) price objective on Deutsche Telekom and gave the stock a sell rating in a report on Wednesday, July 17th. Berenberg Bank set a €12.70 ($14.77) price objective on Deutsche Telekom and gave the stock a sell rating in a report on Wednesday, November 6th. Independent Research set a €18.50 ($21.51) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group set a €12.10 ($14.07) price objective on Deutsche Telekom and gave the stock a sell rating in a report on Tuesday, September 24th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €16.57 ($19.26).
Shares of Deutsche Telekom stock opened at €15.26 ($17.74) on Friday. The business has a fifty day simple moving average of €15.56 and a 200-day simple moving average of €15.18. 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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