Sanford C. Bernstein set a €16.25 ($19.35) price objective on Deutsche Telekom (FRA:DTE) in a research note issued to investors on Tuesday, December 19th. The firm currently has a neutral rating on the stock.
Several other research firms have also recently issued reports on DTE. Deutsche Bank set a €18.60 ($22.14) target price on Deutsche Telekom and gave the stock a buy rating in a research note on Tuesday, December 5th. Nord/LB set a €19.00 ($22.62) target price on Deutsche Telekom and gave the stock a buy rating in a research note on Monday, December 11th. Royal Bank of Canada set a €19.00 ($22.62) target price on Deutsche Telekom and gave the stock a neutral rating in a research note on Wednesday, December 6th. UBS Group set a €19.50 ($23.21) target price on Deutsche Telekom and gave the stock a buy rating in a research note on Wednesday, December 6th. Finally, Independent Research set a €20.00 ($23.81) target price on Deutsche Telekom and gave the stock a buy rating in a research note on Tuesday, November 7th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of €17.33 ($20.63).
Deutsche Telekom (FRA DTE) traded down €0.34 ($0.40) during trading hours on Tuesday, hitting €14.41 ($17.15). The company had a trading volume of 20,463,409 shares. Deutsche Telekom has a 12-month low of €14.38 ($17.12) and a 12-month high of €18.13 ($21.58).
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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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