Credit Suisse Group set a €17.00 ($19.77) target price on Deutsche Telekom (FRA:DTE) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also recently weighed in on the stock. HSBC set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the company a buy rating in a report on Wednesday, March 27th. Berenberg Bank set a €13.20 ($15.35) price target on shares of Deutsche Telekom and gave the stock a sell rating in a research note on Monday, January 21st. Barclays reiterated a neutral rating on shares of Deutsche Telekom in a research note on Monday, April 15th. Macquarie set a €15.00 ($17.44) price target on shares of Deutsche Telekom and gave the stock a neutral rating in a research note on Wednesday, January 23rd. Finally, DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a research note on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. The company has an average rating of Buy and an average target price of €16.57 ($19.27).
Shares of DTE stock opened at €15.23 ($17.71) on Tuesday. Deutsche Telekom has a fifty-two week low of €12.72 ($14.79) and a fifty-two week 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.
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