Deutsche Telekom (FRA:DTE) has been given a €19.40 ($23.10) price target by equities researchers at Goldman Sachs Group in a research report issued to clients and investors on Friday, December 22nd. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 34.16% from the company’s current price.
A number of other equities analysts have also commented on DTE. BNP Paribas set a €18.00 ($21.43) price objective 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) price objective 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) price objective 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) price objective 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) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €17.29 ($20.58).
Deutsche Telekom (FRA DTE) traded up €0.06 ($0.07) during trading on Friday, reaching €14.46 ($17.21). 11,949,897 shares of the company 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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