Deutsche Telekom (DTE) PT Set at €18.00 by Nord/LB

Deutsche Telekom (FRA:DTE) has been given a €18.00 ($20.93) price target by equities research analysts at Nord/LB in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Nord/LB’s price objective indicates a potential upside of 34.58% from the company’s current price.

A number of other research firms have also recently weighed in on DTE. Credit Suisse Group set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Monday, June 11th. Royal Bank of Canada set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the company a “neutral” rating in a research note on Wednesday, April 4th. Sanford C. Bernstein set a €16.40 ($19.07) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Wednesday, June 6th. Barclays set a €16.00 ($18.60) target price on shares of Deutsche Telekom and gave the company a “neutral” rating in a research note on Monday, March 5th. Finally, UBS Group set a €18.20 ($21.16) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Friday, June 22nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of €16.83 ($19.56).

Shares of Deutsche Telekom stock traded up €0.18 ($0.21) on Wednesday, hitting €13.38 ($15.55). 8,141,845 shares of the company’s stock were exchanged. Deutsche Telekom has a 1 year low of €12.72 ($14.79) and a 1 year high of €18.13 ($21.08).

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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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