Deutsche Telekom’s (DTE) “Buy” Rating Reiterated at DZ Bank

Deutsche Telekom (FRA:DTE)‘s stock had its “buy” rating restated by analysts at DZ Bank in a research note issued on Wednesday, Borsen Zeitung reports.

DTE has been the topic of a number of other research reports. Deutsche Bank set a €19.00 ($22.35) target price on Deutsche Telekom and gave the company a “buy” rating in a research report on Monday, July 20th. Jefferies Financial Group set a €17.20 ($20.24) target price on Deutsche Telekom and gave the company a “buy” rating in a research report on Thursday, August 13th. Independent Research set a €17.00 ($20.00) target price on Deutsche Telekom and gave the company a “buy” rating in a research report on Friday, August 14th. Credit Suisse Group set a €18.00 ($21.18) target price on Deutsche Telekom and gave the company a “neutral” rating in a research report on Tuesday, September 1st. Finally, UBS Group set a €20.80 ($24.47) price target on Deutsche Telekom and gave the company a “buy” rating in a report on Wednesday, August 19th. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Deutsche Telekom has a consensus rating of “Buy” and a consensus target price of €18.71 ($22.02).

FRA DTE traded up €0.01 ($0.01) during trading hours on Wednesday, reaching €15.25 ($17.94). The stock had a trading volume of 10,129,340 shares. The stock has a fifty day moving average of €14.94 and a 200 day moving average of €14.07. Deutsche Telekom has a 52-week low of €12.72 ($14.96) and a 52-week high of €18.13 ($21.33).

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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