Macquarie Reiterates “€15.00” Price Target for Deutsche Telekom (DTE)

Macquarie set a €15.00 ($17.44) price target on Deutsche Telekom (FRA:DTE) in a report issued on Wednesday. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently issued reports on the stock. Barclays set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the company a neutral rating in a research report on Monday, October 15th. HSBC set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research note on Tuesday, October 2nd. Jefferies Financial Group set a €11.80 ($13.72) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a research note on Thursday, November 8th. Nord/LB set a €18.00 ($20.93) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research note on Friday, November 9th. Finally, Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research note on Tuesday, November 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of €17.00 ($19.76).

Shares of FRA DTE opened at €14.74 ($17.13) on Wednesday. Deutsche Telekom has a 1 year low of €12.72 ($14.79) and a 1 year high of €18.13 ($21.08).

Deutsche Telekom Company Profile

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.

Further Reading: How to interpret a stock’s beta number

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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