Berenberg Bank Reiterates “€12.70” Price Target for Deutsche Telekom (FRA:DTE)

Berenberg Bank set a €12.70 ($14.77) price objective on Deutsche Telekom (FRA:DTE) in a research report report published on Thursday, January 9th, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

DTE has been the subject of several other research reports. Independent Research set a €18.50 ($21.51) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Thursday, November 7th. Kepler Capital Markets set a €18.00 ($20.93) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Thursday, November 7th. Jefferies Financial Group set a €12.10 ($14.07) target price on shares of Deutsche Telekom and gave the company a sell rating in a research report on Thursday, November 21st. DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a research report on Thursday, January 9th. Finally, HSBC set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Wednesday, December 4th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of €16.38 ($19.04).

FRA DTE opened at €14.66 ($17.05) on Thursday. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year high of €18.13 ($21.08). The stock’s 50 day moving average is €14.82 and its two-hundred day moving average is €15.11.

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.

Further Reading: Derivative

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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