Deutsche Telekom (FRA:DTE) has been assigned a €19.20 ($22.86) target price by equities researchers at Deutsche Bank in a research note issued on Monday, December 18th. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 32.78% from the company’s current price.
A number of other equities analysts also recently weighed in on DTE. BNP Paribas set a €18.00 ($21.43) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Tuesday, September 5th. set a €18.50 ($22.02) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, September 7th. Nord/LB set a €19.00 ($22.62) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, September 7th. Morgan Stanley set a €15.50 ($18.45) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Friday, September 8th. Finally, UBS Group set a €19.20 ($22.86) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Friday, September 8th. One analyst has rated the stock with a sell rating, eleven have given 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).
Deutsche Telekom (DTE) traded down €0.07 ($0.08) on Monday, reaching €14.49 ($17.25). 96,066 shares of the company’s stock were exchanged. Deutsche Telekom has a 1 year low of €14.38 ($17.12) and a 1 year high of €18.13 ($21.58).
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Deutsche Telekom Company Profile
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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