Deutsche Telekom (FRA:DTE) has been assigned a €18.50 ($22.84) price objective by equities researchers at Barclays in a report issued on Tuesday, February 20th. The firm currently has a “buy” rating on the stock. Barclays’ target price points to a potential upside of 41.01% from the company’s previous close.
Other equities analysts also recently issued reports about the company. Nord/LB set a €19.00 ($23.46) price target on Deutsche Telekom and gave the stock a “buy” rating in a research note on Monday, December 11th. DZ Bank reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Wednesday, January 3rd. Commerzbank set a €18.00 ($22.22) price target on Deutsche Telekom and gave the company a “neutral” rating in a report on Friday, January 12th. JPMorgan Chase & Co. set a €20.00 ($24.69) target price on Deutsche Telekom and gave the stock a “buy” rating in a report on Monday, November 6th. Finally, Jefferies Group set a €14.30 ($17.65) target price on Deutsche Telekom and gave the stock a “sell” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the company. Deutsche Telekom presently has an average rating of “Buy” and an average price target of €16.88 ($20.84).
Deutsche Telekom (FRA DTE) traded up €0.02 ($0.02) during mid-day trading on Tuesday, reaching €13.12 ($16.20). The company had a trading volume of 13,998,515 shares. Deutsche Telekom has a one year low of €12.72 ($15.70) and a one year high of €18.13 ($22.38). The company has a market cap of $62,830.00 and a price-to-earnings ratio of 17.73.
About Deutsche Telekom
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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