Deutsche Telekom AG Receives Outperform Rating from Sanford C. Bernstein (DTE)

Deutsche Telekom AG (FRA: DTE)‘s stock had its “outperform” rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a €9.80 ($12.73) target price on the stock.

Shares of Deutsche Telekom AG (FRA: DTE) traded down 0.78% during mid-day trading on Thursday, hitting €8.765. Deutsche Telekom AG has a 52 week low of €7.98 and a 52 week high of €10.104. The stock’s 50-day moving average is currently €9.6.

DTE has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note to investors on Wednesday. They now have a €11.05 ($14.35) price target on the stock. Separately, analysts at Bankhaus Lampe reiterated a “hold” rating on shares of Deutsche Telekom AG in a research note to investors on Wednesday, June 5th. They now have a €9.00 ($11.69) price target on the stock.

Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. Deutsche Telekom AG has an average rating of “Hold” and an average target price of €9.59 ($12.45).

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