Jefferies Financial Group Reiterates €12.10 Price Target for Deutsche Telekom (FRA:DTE)

Jefferies Financial Group set a €12.10 ($14.07) target price on Deutsche Telekom (FRA:DTE) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Other equities analysts also recently issued reports about the company. DZ Bank restated a buy rating on shares of Deutsche Telekom in a research note on Wednesday, February 12th. HSBC set a €17.00 ($19.77) price target on Deutsche Telekom and gave the stock a buy rating in a research note on Wednesday, February 12th. Bank of America set a €18.00 ($20.93) price target on Deutsche Telekom and gave the stock a buy rating in a research note on Friday, November 1st. Independent Research set a €18.50 ($21.51) price target on Deutsche Telekom and gave the stock a buy rating in a research note on Thursday, February 13th. Finally, UBS Group set a €18.70 ($21.74) price target on Deutsche Telekom and gave the stock a buy rating in a research note on Tuesday, February 18th. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the stock. Deutsche Telekom presently has a consensus rating of Hold and a consensus price target of €16.45 ($19.13).

DTE stock opened at €16.50 ($19.19) on Wednesday. Deutsche Telekom has a 1 year low of €12.72 ($14.79) and a 1 year high of €18.13 ($21.08). The stock’s fifty day moving average price is €14.98 and its 200-day moving average price is €15.10.

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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