Deutsche Telekom (DTE) PT Set at €18.80 by UBS Group

UBS Group set a €18.80 ($21.86) price objective on Deutsche Telekom (FRA:DTE) in a research report report published on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also weighed in on DTE. HSBC set a €17.50 ($20.35) target price on Deutsche Telekom and gave the company a buy rating in a report on Monday, November 12th. Kepler Capital Markets set a €16.50 ($19.19) target price on Deutsche Telekom and gave the company a buy rating in a report on Thursday, August 9th. equinet set a €13.30 ($15.47) target price on Deutsche Telekom and gave the company a neutral rating in a report on Thursday, November 8th. Cfra set a €16.60 ($19.30) target price on Deutsche Telekom and gave the company a buy rating in a report on Thursday, November 8th. Finally, Societe Generale set a €19.50 ($22.67) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Thursday, November 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the company. The stock has an average rating of Buy and a consensus price target of €16.85 ($19.59).

DTE stock opened at €15.13 ($17.59) on Wednesday. Deutsche Telekom has a twelve month low of €12.72 ($14.79) and a twelve month high of €18.13 ($21.08).

About Deutsche Telekom

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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