Deutsche Telekom (DTE) Given a €14.00 Price Target by Berenberg Bank Analysts

Deutsche Telekom (FRA:DTE) has been given a €14.00 ($16.67) target price by analysts at Berenberg Bank in a report issued on Friday. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s target price would indicate a potential downside of 7.22% from the company’s current price.

A number of other equities research analysts have also recently weighed in on DTE. Sanford C. Bernstein set a €16.45 ($19.58) price objective on shares of Deutsche Telekom and gave the company a “neutral” rating in a report on Monday, October 16th. Barclays set a €19.30 ($22.98) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a report on Monday, October 16th. BNP Paribas set a €18.00 ($21.43) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a report on Thursday, September 14th. UBS set a €19.50 ($23.21) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a report on Wednesday, December 6th. Finally, Nord/LB set a €19.00 ($22.62) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a report on Monday, December 11th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company. Deutsche Telekom presently has a consensus rating of “Hold” and an average target price of €17.31 ($20.60).

Shares of Deutsche Telekom (FRA:DTE) opened at €15.09 ($17.96) on Friday. Deutsche Telekom has a 12-month low of €14.63 ($17.42) 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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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