Deutsche Bank Analysts Give Deutsche Telekom (FRA:DTE) a €19.20 Price Target

Deutsche Telekom (FRA:DTE) has been assigned a €19.20 ($22.86) price target by stock analysts at Deutsche Bank in a report released on Monday, January 15th. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 29.51% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. Nord/LB set a €19.00 ($22.62) price objective on Deutsche Telekom and gave the company a “buy” rating in a research note on Friday, November 17th. Royal Bank of Canada set a €19.00 ($22.62) price objective on Deutsche Telekom and gave the company a “neutral” rating in a research note on Friday, November 10th. Barclays set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the company a “buy” rating in a research note on Monday, November 13th. Berenberg Bank set a €14.00 ($16.67) price objective on Deutsche Telekom and gave the company a “neutral” rating in a research note on Friday, December 15th. Finally, Commerzbank set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the company a “neutral” rating in a research note on Monday, November 6th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €17.31 ($20.61).

Deutsche Telekom (DTE) traded up €0.09 ($0.11) during trading hours on Monday, hitting €14.83 ($17.65). 14,497,182 shares of the company were exchanged. Deutsche Telekom has a 1 year low of €14.36 ($17.10) and a 1 year 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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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