Nord/LB set a €17.00 ($20.00) target price on Deutsche Telekom (FRA:DTE) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts also recently commented on DTE. Oddo Bhf set a €17.00 ($20.00) price objective on shares of Deutsche Telekom and gave the company a buy rating in a report on Wednesday, May 13th. Berenberg Bank set a €17.70 ($20.82) price objective on shares of Deutsche Telekom and gave the company a buy rating in a report on Monday, June 15th. Deutsche Bank set a €19.00 ($22.35) price objective on shares of Deutsche Telekom and gave the company a buy rating in a report on Monday, July 20th. Barclays set a €16.50 ($19.41) price objective on shares of Deutsche Telekom and gave the company a neutral rating in a report on Friday, July 24th. Finally, DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a report on Thursday, August 13th. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of €18.34 ($21.57).
FRA DTE opened at €14.96 ($17.59) on Monday. The firm’s fifty day moving average price is €14.94 and its two-hundred day moving average price is €14.10. Deutsche Telekom has a 1 year low of €12.72 ($14.96) and a 1 year high of €18.13 ($21.33).
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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