Deutsche Telekom (FRA:DTE) Earns “Buy” Rating from DZ Bank

DZ Bank reaffirmed their buy rating on shares of Deutsche Telekom (FRA:DTE) in a report released on Thursday, Borsen Zeitung reports.

Several other brokerages also recently issued reports on DTE. Nord/LB set a €17.40 ($20.23) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, November 7th. Berenberg Bank set a €12.70 ($14.77) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a research report on Thursday, January 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 report on Thursday. UBS Group set a €18.70 ($21.74) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday, February 18th. Finally, HSBC set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Wednesday, February 12th. Four research analysts have rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €16.45 ($19.13).

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

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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