Deutsche Telekom (FRA:DTE) has been given a €18.00 ($21.43) price objective by research analysts at Commerzbank in a research report issued to clients and investors on Friday. The firm presently has a “neutral” rating on the stock. Commerzbank’s price target points to a potential upside of 24.57% from the stock’s previous close.
A number of other analysts have also recently issued reports on DTE. Berenberg Bank set a €15.80 ($18.81) price objective on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Monday, September 25th. Sanford C. Bernstein set a €16.45 ($19.58) price objective on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Monday, October 16th. DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research note on Wednesday, January 3rd. Independent Research set a €19.00 ($22.62) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, December 28th. Finally, Barclays set a €19.30 ($22.98) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Monday, October 16th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of €17.34 ($20.64).
Shares of Deutsche Telekom (FRA:DTE) opened at €14.45 ($17.20) on Friday. Deutsche Telekom has a 52 week low of €14.38 ($17.12) and a 52 week high of €18.13 ($21.58).
About Deutsche Telekom
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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