Deutsche Telekom (DTE) Given a €15.40 Price Target by Macquarie Analysts

Deutsche Telekom (FRA:DTE) has been assigned a €15.40 ($19.01) price target by investment analysts at Macquarie in a note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock. Macquarie’s price objective would indicate a potential upside of 14.97% from the stock’s previous close.

Several other brokerages have also recently weighed in on DTE. Sanford C. Bernstein set a €16.25 ($20.06) target price on Deutsche Telekom and gave the company a “neutral” rating in a report on Monday, December 11th. Deutsche Bank set a €18.60 ($22.96) target price on Deutsche Telekom and gave the company a “buy” rating in a report on Tuesday, December 5th. Nord/LB set a €19.00 ($23.46) target price on Deutsche Telekom and gave the company a “buy” rating in a report on Monday, December 11th. Royal Bank of Canada set a €19.00 ($23.46) target price on Deutsche Telekom and gave the company a “neutral” rating in a report on Wednesday, December 6th. Finally, UBS Group set a €19.50 ($24.07) target price on Deutsche Telekom and gave the company a “buy” rating in a report on Wednesday, December 6th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the stock. Deutsche Telekom currently has an average rating of “Buy” and a consensus price target of €17.14 ($21.16).

Shares of Deutsche Telekom (FRA DTE) opened at €13.40 ($16.54) on Friday. The firm has a market capitalization of $63,730.00 and a PE ratio of 18.10. Deutsche Telekom has a fifty-two week low of €12.74 ($15.73) and a fifty-two week high of €18.13 ($22.38).

ILLEGAL ACTIVITY WARNING: “Deutsche Telekom (DTE) Given a €15.40 Price Target by Macquarie Analysts” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/02/25/deutsche-telekom-dte-given-a-15-40-price-target-by-macquarie-analysts.html.

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)

Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply