Deutsche Telekom (FRA:DTE) has been given a €13.60 ($15.81) price target by research analysts at Barclays in a report issued on Monday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Barclays‘s price objective suggests a potential downside of 8.68% from the company’s current price.
Several other brokerages have also recently weighed in on DTE. UBS Group reissued a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, December 3rd. Jefferies Financial Group set a €12.10 ($14.07) price objective on Deutsche Telekom and gave the stock a “sell” rating in a research note on Thursday, November 21st. Bank of America set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the stock a “buy” rating in a research note on Friday, November 1st. HSBC set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Finally, DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research note on Friday, November 8th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of €16.38 ($19.04).
Shares of FRA DTE opened at €14.89 ($17.32) on Monday. The business’s 50 day moving average is €15.39 and its two-hundred day moving average is €15.21. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year 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.
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