Deutsche Telekom AG (FRA:DTE) has been assigned a €19.00 ($22.09) price objective by stock analysts at Nord/LB in a research note issued on Friday. The brokerage presently has a “buy” rating on the stock. Nord/LB’s price target indicates a potential upside of 26.50% from the company’s current price.
Several other equities analysts have also recently weighed in on the company. The Goldman Sachs Group, Inc. set a €21.80 ($25.35) price objective on Deutsche Telekom AG and gave the stock a “buy” rating in a research report on Friday, July 21st. Independent Research GmbH set a €20.00 ($23.26) price objective on Deutsche Telekom AG and gave the stock a “buy” rating in a research report on Friday, August 4th. Sanford C. Bernstein set a €16.45 ($19.13) price objective on Deutsche Telekom AG and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. set a €18.50 ($21.51) price objective on Deutsche Telekom AG and gave the stock a “buy” rating in a research report on Thursday, September 7th. Finally, UBS AG set a €19.00 ($22.09) price target on Deutsche Telekom AG and gave the company a “buy” rating in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the stock. Deutsche Telekom AG currently has a consensus rating of “Hold” and an average price target of €17.33 ($20.15).
Deutsche Telekom AG (FRA:DTE) opened at €15.02 ($17.47) on Friday. Deutsche Telekom AG has a 12-month low of €14.32 ($16.65) and a 12-month high of €18.13 ($21.08).
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About Deutsche Telekom AG
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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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