Sanford C. Bernstein Analysts Give Deutsche Telekom (DTE) a €16.50 Price Target
Other analysts have also issued research reports about the stock. Citigroup set a €16.50 ($19.19) price target on shares of Deutsche Telekom and gave the company a buy rating in a research note on Friday, July 27th. Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday, July 16th. DZ Bank reaffirmed a buy rating on shares of Deutsche Telekom in a report on Thursday, August 9th. Cfra set a €16.00 ($18.60) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, August 9th. Finally, Societe Generale set a €19.50 ($22.67) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of €16.80 ($19.54).
Shares of DTE stock opened at €14.70 ($17.09) on Thursday. Deutsche Telekom has a 12 month low of €12.72 ($14.79) and a 12 month high of €18.13 ($21.08).
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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