Deutsche Telekom (DTE) Given a €17.50 Price Target at Oddo Bhf

Deutsche Telekom (FRA:DTE) received a €17.50 ($20.35) price objective from stock analysts at Oddo Bhf in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Oddo Bhf’s price objective indicates a potential upside of 15.76% from the stock’s current price.

Other analysts have also issued reports about the company. DZ Bank reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Thursday, February 21st. Kepler Capital Markets set a €18.00 ($20.93) target price on Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday, February 21st. UBS Group set a €18.60 ($21.63) target price on Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday, February 21st. HSBC restated a “buy” rating on shares of Deutsche Telekom in a report on Wednesday, February 20th. Finally, Credit Suisse Group set a €17.00 ($19.77) target price on Deutsche Telekom and gave the stock a “buy” rating in a report on Friday, February 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. Deutsche Telekom has an average rating of “Buy” and a consensus price target of €16.62 ($19.32).

DTE stock traded down €0.17 ($0.20) during midday trading on Tuesday, reaching €15.12 ($17.58). The stock had a trading volume of 15,102,277 shares. Deutsche Telekom has a twelve month low of €12.72 ($14.79) and a twelve month 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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