Deutsche Telekom (FRA:DTE) received a €18.00 ($21.43) price objective from equities researchers at Commerzbank in a research report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Commerzbank’s target price indicates a potential upside of 24.48% from the company’s current price.
Several other brokerages also recently commented on DTE. Barclays set a €18.00 ($21.43) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Monday, November 13th. DZ Bank reaffirmed a “buy” rating on shares of Deutsche Telekom in a research note on Friday, December 15th. BNP Paribas set a €18.00 ($21.43) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, September 14th. Jefferies Group set a €13.00 ($15.48) price objective on shares of Deutsche Telekom and gave the stock a “sell” rating in a research report on Tuesday, December 19th. Finally, Kepler Capital Markets set a €16.00 ($19.05) price objective on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €17.29 ($20.58).
Shares of Deutsche Telekom (FRA DTE) opened at €14.46 ($17.21) on Friday. Deutsche Telekom has a 12 month low of €14.38 ($17.12) and a 12 month high of €18.13 ($21.58).
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Deutsche Telekom Company Profile
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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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