Sanford C. Bernstein Analysts Give Deutsche Telekom (DTE) a €16.25 Price Target
DTE has been the subject of a number of other reports. Nord/LB set a €19.00 ($22.62) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday, December 11th. JPMorgan Chase & Co. set a €20.50 ($24.40) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Wednesday, October 11th. Jefferies Group set a €14.30 ($17.02) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a report on Thursday, October 26th. Independent Research set a €19.00 ($22.62) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Friday, December 22nd. Finally, DZ Bank reaffirmed a buy rating on shares of Deutsche Telekom in a report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €17.31 ($20.61).
Deutsche Telekom (DTE) traded down €0.02 ($0.02) during trading hours on Friday, hitting €14.46 ($17.21). 49,608 shares of the stock were exchanged. Deutsche Telekom has a one year low of €14.36 ($17.10) and a one year high of €18.13 ($21.58).
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.
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