Deutsche Telekom (FRA:DTE) Given a €12.10 Price Target by Jefferies Financial Group Analysts
Jefferies Financial Group set a €12.10 ($14.07) price target on Deutsche Telekom (FRA:DTE) in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Several other brokerages have also recently commented on DTE. Barclays set a €16.80 ($19.53) price objective on shares of Deutsche Telekom and gave the company a neutral rating in a research note on Monday, June 3rd. Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the company a neutral rating in a research note on Tuesday, May 14th. DZ Bank reaffirmed a buy rating on shares of Deutsche Telekom in a research note on Tuesday, May 21st. UBS Group set a €18.40 ($21.40) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, March 20th. Finally, HSBC set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research note on Friday, March 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of Buy and an average price target of €16.63 ($19.34).
Shares of FRA:DTE opened at €15.35 ($17.85) 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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