Several other brokerages also recently weighed in on DTE. Sanford C. Bernstein set a €16.25 ($20.06) target price on shares of Deutsche Telekom and gave the company a neutral rating in a research note on Friday, January 19th. Barclays set a €18.00 ($22.22) target price on shares of Deutsche Telekom and gave the company a buy rating in a research note on Monday, November 13th. DZ Bank restated a buy rating on shares of Deutsche Telekom in a research note on Friday, December 15th. Jefferies Group set a €13.00 ($16.05) target price on shares of Deutsche Telekom and gave the company a sell rating in a research note on Tuesday, December 19th. Finally, Independent Research set a €20.00 ($24.69) target price on shares of Deutsche Telekom and gave the company a buy rating in a research note on Tuesday, November 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have given a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of €17.14 ($21.16).
Deutsche Telekom (FRA:DTE) opened at €13.40 ($16.54) on Thursday. The firm has a market cap of $63,730.00 and a price-to-earnings ratio of 18.10. Deutsche Telekom has a 52 week low of €12.74 ($15.73) and a 52 week high of €18.13 ($22.38).
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About Deutsche Telekom
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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