Deutsche Telekom (DTE) PT Set at €17.00 by Barclays

Deutsche Telekom (FRA:DTE) has been assigned a €17.00 ($19.77) target price by analysts at Barclays in a research report issued to clients and investors on Monday. The firm currently has a “neutral” rating on the stock. Barclays’ price target points to a potential upside of 19.21% from the stock’s current price.

Several other brokerages have also commented on DTE. Kepler Capital Markets set a €16.50 ($19.19) price objective on Deutsche Telekom and gave the company a “buy” rating in a report on Thursday, August 9th. UBS Group reiterated a “buy” rating and set a price objective on shares of Deutsche Telekom in a report on Tuesday, August 7th. Sanford C. Bernstein set a €16.40 ($19.07) price objective on Deutsche Telekom and gave the company a “buy” rating in a report on Thursday, August 9th. equinet set a €13.30 ($15.47) price objective on Deutsche Telekom and gave the company a “neutral” rating in a report on Thursday, August 9th. Finally, Nord/LB set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the company a “buy” rating in a report on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of €16.74 ($19.46).

Shares of DTE opened at €14.26 ($16.58) on Monday. Deutsche Telekom has a 12 month low of €12.72 ($14.79) and a 12 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.

Read More: Do Tariffs Work?

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply