Deutsche Telekom (DTE) PT Set at €18.70 by Goldman Sachs Group

Goldman Sachs Group set a €18.70 ($23.09) price objective on Deutsche Telekom (FRA:DTE) in a report released on Friday morning. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Independent Research set a €20.00 ($24.69) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, November 7th. Nord/LB set a €19.00 ($23.46) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. Barclays set a €19.30 ($23.83) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. Deutsche Bank set a €18.60 ($22.96) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. Finally, JPMorgan Chase & Co. set a €20.00 ($24.69) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. One analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of €17.14 ($21.16).

Deutsche Telekom (DTE) traded up €0.42 ($0.52) during mid-day trading on Friday, reaching €13.40 ($16.54). 25,770,008 shares of the company traded hands. The firm has a market capitalization of $63,730.00 and a P/E ratio of 18.10. Deutsche Telekom has a 1-year low of €12.74 ($15.73) and a 1-year high of €18.13 ($22.38).

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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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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