Sanford C. Bernstein set a €16.25 ($20.06) price target on Deutsche Telekom (FRA:DTE) in a research note released on Friday, January 19th. The brokerage currently has a neutral rating on the stock.
DTE has been the subject of several other research reports. Nord/LB set a €19.00 ($23.46) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Monday, December 11th. Commerzbank set a €18.00 ($22.22) price objective on Deutsche Telekom and gave the stock a neutral rating in a research report on Friday, January 12th. JPMorgan Chase & Co. set a €20.50 ($25.31) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Wednesday, October 11th. Jefferies Group set a €14.30 ($17.65) price objective on Deutsche Telekom and gave the stock a sell rating in a research report on Thursday, October 26th. Finally, Independent Research set a €19.00 ($23.46) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Friday, December 22nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the company. Deutsche Telekom currently has an average rating of Buy and a consensus target price of €17.23 ($21.27).
Deutsche Telekom (FRA:DTE) traded up €0.05 ($0.06) during midday trading on Friday, hitting €13.07 ($16.14). The company had a trading volume of 18,639,345 shares. Deutsche Telekom has a fifty-two week low of €12.84 ($15.85) and a fifty-two week high of €18.13 ($22.38).
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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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