Deutsche Telekom (FRA:DTE) Given a €12.10 Price Target at Jefferies Financial Group

Deutsche Telekom (FRA:DTE) received a €12.10 ($14.07) price objective from analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Jefferies Financial Group’s target price indicates a potential downside of 22.35% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. DZ Bank reaffirmed a “buy” rating on shares of Deutsche Telekom in a research note on Friday, April 26th. Kepler Capital Markets 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 Thursday, May 9th. UBS Group set a €18.40 ($21.40) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, May 9th. Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Finally, Oddo Bhf set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Tuesday, May 21st. Two analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €16.71 ($19.43).

Deutsche Telekom stock opened at €15.58 ($18.12) on Thursday. Deutsche Telekom has a 52 week low of €12.72 ($14.79) and a 52 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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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