Deutsche Telekom (FRA:DTE) PT Set at €19.30 by UBS Group
Deutsche Telekom (FRA:DTE) received a €19.30 ($22.44) target price from research analysts at UBS Group in a report released on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 32.30% from the stock’s current price.
DTE has been the topic of a number of other research reports. Deutsche Bank set a €19.00 ($22.09) target price on Deutsche Telekom and gave the stock a “buy” rating in a research report on Thursday, June 13th. Oddo Bhf set a €17.50 ($20.35) price target on Deutsche Telekom and gave the company a “buy” rating in a research report on Tuesday, May 21st. Berenberg Bank set a €12.70 ($14.77) price target on Deutsche Telekom and gave the company a “sell” rating in a research report on Monday, July 29th. Bank of America set a €18.00 ($20.93) price target on Deutsche Telekom and gave the company a “buy” rating in a research report on Tuesday, July 16th. Finally, Barclays set a €17.60 ($20.47) price target on Deutsche Telekom and gave the company a “neutral” rating in a research report on Thursday, August 8th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. Deutsche Telekom has a consensus rating of “Buy” and a consensus target price of €16.72 ($19.45).
DTE opened at €14.59 ($16.96) on Monday. The business’s 50-day moving average price is €14.98. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one year 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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