J P Morgan Chase & Co set a €20.50 ($24.12) price objective on Deutsche Telekom AG (FRA:DTE) in a research note released on Wednesday. The firm currently has a buy rating on the stock.

Several other equities analysts also recently weighed in on DTE. Goldman Sachs Group, Inc. (The) set a €21.80 ($25.65) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Monday, June 19th. UBS AG set a €18.20 ($21.41) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Thursday, June 22nd. Barclays PLC set a €20.60 ($24.24) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Friday, July 7th. HSBC Holdings plc set a €18.80 ($22.12) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Thursday, July 6th. Finally, Deutsche Bank AG set a €19.50 ($22.94) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company. Deutsche Telekom AG currently has a consensus rating of Hold and an average target price of €17.62 ($20.73).

Shares of Deutsche Telekom AG (DTE) traded down 1.126% during mid-day trading on Wednesday, reaching €15.449. 31,965 shares of the company’s stock were exchanged. Deutsche Telekom AG has a one year low of €14.05 and a one year high of €18.13. The stock has a 50-day moving average of €15.39 and a 200 day moving average of €16.13. The firm has a market capitalization of €72.13 billion and a P/E ratio of 130.924.

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About Deutsche Telekom AG

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Analyst Recommendations for Deutsche Telekom AG (FRA:DTE)

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