Deutsche Telekom (FRA:DTE) Given a €17.00 Price Target by Credit Suisse Group Analysts

Credit Suisse Group set a €17.00 ($19.77) price objective on Deutsche Telekom (FRA:DTE) in a report issued on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research firms also recently commented on DTE. 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 Wednesday, February 19th. Bank of America 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 Friday, November 1st. Independent Research set a €18.50 ($21.51) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research note on Thursday, February 13th. 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 note on Thursday, January 9th. Finally, Jefferies Financial Group set a €12.10 ($14.07) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a research note on Wednesday, February 19th. Four analysts have rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of €16.45 ($19.13).

FRA DTE opened at €16.50 ($19.19) on Thursday. The firm’s fifty day simple moving average is €14.98 and its two-hundred day simple moving average is €15.10. 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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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