Kepler Capital Markets set a €18.00 ($20.93) price objective on Deutsche Telekom (FRA:DTE) in a report released on Wednesday. The firm currently has a buy rating on the stock.
A number of other brokerages have also weighed in on DTE. Barclays set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a neutral rating in a research report on Thursday, August 23rd. equinet set a €13.30 ($15.47) target price on Deutsche Telekom and gave the stock a neutral rating in a report on Thursday, November 8th. UBS Group set a €18.40 ($21.40) target price on Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, November 6th. Societe Generale set a €19.50 ($22.67) target price on Deutsche Telekom and gave the stock a buy rating in a report on Thursday, November 8th. Finally, DZ Bank reaffirmed a buy rating on shares of Deutsche Telekom in a report on Thursday, October 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of €17.01 ($19.78).
DTE stock traded down €0.13 ($0.15) during midday trading on Wednesday, reaching €15.06 ($17.51). 7,952,026 shares of the stock were exchanged. 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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