Independent Research set a €19.00 ($22.62) price target on Deutsche Telekom (FRA:DTE) in a research note released on Friday. The firm currently has a buy rating on the stock.

Several other analysts have also weighed in on DTE. Berenberg Bank set a €15.80 ($18.81) price target on Deutsche Telekom and gave the company a neutral rating in a report on Monday, September 25th. Sanford C. Bernstein set a €16.45 ($19.58) price target on Deutsche Telekom and gave the company a neutral rating in a report on Monday, October 16th. Jefferies Group set a €13.00 ($15.48) price target on Deutsche Telekom and gave the company a sell rating in a report on Tuesday, December 19th. Deutsche Bank set a €19.20 ($22.86) price target on Deutsche Telekom and gave the company a buy rating in a report on Monday, December 18th. Finally, Barclays set a €19.30 ($22.98) price target on Deutsche Telekom and gave the company a buy rating in a report on Monday, October 16th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of €17.33 ($20.63).

Shares of Deutsche Telekom (FRA DTE) opened at €15.01 ($17.86) on Friday. Deutsche Telekom has a twelve month low of €14.63 ($17.42) and a twelve month high of €18.13 ($21.58).

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About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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