Deutsche Telekom (DTE) PT Set at €17.00 by Credit Suisse Group

Credit Suisse Group set a €17.00 ($19.77) price target on Deutsche Telekom (FRA:DTE) in a research report report published on Tuesday. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on the stock. Barclays set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Thursday, August 23rd. Jefferies Financial Group set a €11.80 ($13.72) target price on shares of Deutsche Telekom and gave the stock a sell rating in a report on Tuesday, July 31st. Bank of America set a €17.20 ($20.00) target price on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, August 30th. HSBC set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, October 2nd. Finally, DZ Bank reissued a buy rating on shares of Deutsche Telekom in a report on Thursday, August 9th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the company. Deutsche Telekom presently has an average rating of Buy and a consensus price target of €16.80 ($19.54).

Shares of FRA:DTE opened at €14.70 ($17.09) on Tuesday. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year high of €18.13 ($21.08).

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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