Deutsche Telekom (DTE) Given a €17.00 Price Target at Credit Suisse Group

Credit Suisse Group set a €17.00 ($19.77) target price on Deutsche Telekom (FRA:DTE) in a report issued on Tuesday morning. The firm currently has a buy rating on the stock.

Several other research analysts have also issued reports on DTE. Kepler Capital Markets set a €16.50 ($19.19) price target on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, August 9th. Royal Bank of Canada set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Tuesday, July 10th. Jefferies Financial Group set a €11.80 ($13.72) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a research report on Thursday, August 9th. equinet set a €13.30 ($15.47) price objective on shares of Deutsche Telekom and gave the stock a neutral rating in a research report on Thursday, August 9th. Finally, UBS Group set a €18.40 ($21.40) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. Deutsche Telekom has an average rating of Buy and a consensus target price of €16.74 ($19.47).

Deutsche Telekom stock opened at €14.74 ($17.13) on Tuesday. Deutsche Telekom has a 52-week low of €12.72 ($14.79) and a 52-week high of €18.13 ($21.08).

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. 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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