Bank of America Analysts Give Deutsche Telekom (FRA:DTE) a €18.00 Price Target

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Bank of America set a €18.00 ($20.93) price target on Deutsche Telekom (FRA:DTE) in a report issued on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research analysts have also commented on the company. Macquarie set a €13.50 ($15.70) price target on Deutsche Telekom and gave the stock a neutral rating in a research report on Thursday, June 13th. Kepler Capital Markets set a GBX 160 ($2.09) price target on Vodafone Group and gave the stock a buy rating in a research report on Thursday, June 13th. Barclays restated a buy rating on shares of 1&1 Drillisch in a research report on Thursday, June 13th. Independent Research set a €32.00 ($37.21) target price on Bilfinger and gave the company a neutral rating in a research report on Thursday, May 9th. Finally, DZ Bank restated a neutral rating on shares of Bechtle in a research report on Tuesday, May 21st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €16.67 ($19.39).

DTE opened at €15.25 ($17.73) on Wednesday. Deutsche Telekom has a 12 month low of €12.72 ($14.79) and a 12 month high of €18.13 ($21.08). The stock has a 50-day moving average of €15.32.

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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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