Independent Research set a €17.50 ($20.35) price objective on Deutsche Telekom (FRA:DTE) in a report published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms have also recently commented on DTE. UBS Group set a €18.40 ($21.40) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Wednesday, March 20th. Berenberg Bank set a €13.20 ($15.35) price objective on Deutsche Telekom and gave the stock a sell rating in a research report on Tuesday, March 19th. HSBC set a €17.50 ($20.35) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Wednesday, March 27th. Barclays set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a neutral rating in a research report on Monday, April 8th. Finally, DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a research report on Friday, April 26th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of Buy and an average price target of €16.58 ($19.28).
Shares of DTE stock opened at €14.75 ($17.15) on Thursday. Deutsche Telekom has a fifty-two week low of €12.72 ($14.79) and a fifty-two 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.
Read More: Momentum Indicator: Relative Strength Index
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.