Kepler Capital Markets set a €18.00 ($20.93) target price on Deutsche Telekom (FRA:DTE) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently commented on DTE. Bank of America set a €18.00 ($20.93) price target on Deutsche Telekom and gave the stock a buy rating in a report on Friday, November 1st. Jefferies Financial Group set a €12.10 ($14.07) price target on Deutsche Telekom and gave the stock a sell rating in a report on Tuesday. DZ Bank reissued a buy rating on shares of Deutsche Telekom in a report on Thursday, January 9th. HSBC set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Wednesday, December 4th. Finally, Barclays set a €13.60 ($15.81) price objective on Deutsche Telekom and gave the stock a sell rating in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. Deutsche Telekom has an average rating of Hold and an average price target of €16.32 ($18.98).
FRA DTE opened at €15.63 ($18.17) on Wednesday. The stock’s 50 day moving average is €14.78 and its 200 day moving average is €15.06. Deutsche Telekom has a 12 month low of €12.72 ($14.79) and a 12 month 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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