Kepler Capital Markets set a €18.00 ($20.93) target price on Deutsche Telekom (FRA:DTE) in a research report released on Thursday, May 9th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other analysts have also recently issued research reports about the stock. DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a research report on Friday, April 26th. UBS Group set a €18.60 ($21.63) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research report on Thursday, February 21st. Macquarie set a €15.00 ($17.44) price objective on shares of Deutsche Telekom and gave the company a neutral rating in a research report on Wednesday, January 23rd. Sanford C. Bernstein set a €16.45 ($19.13) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research report on Friday, January 25th. Finally, Independent Research set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research report on Thursday, February 21st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. Deutsche Telekom presently has an average rating of Buy and an average price target of €16.57 ($19.27).
DTE stock opened at €15.21 ($17.69) 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 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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