Deutsche Telekom AG (FRA:DTE) has been given a €18.60 ($21.63) price objective by equities researchers at Deutsche Bank AG in a note issued to investors on Monday, November 6th. The firm currently has a “buy” rating on the stock. Deutsche Bank AG’s target price points to a potential upside of 24.29% from the company’s current price.
Several other equities analysts have also weighed in on the company. Goldman Sachs Group, Inc. (The) set a €21.80 ($25.35) price target on Deutsche Telekom AG and gave the company a “buy” rating in a research note on Friday, July 21st. Berenberg Bank set a €17.40 ($20.23) price target on Deutsche Telekom AG and gave the company a “neutral” rating in a research note on Wednesday, July 19th. Independent Research GmbH set a €20.00 ($23.26) price target on Deutsche Telekom AG and gave the company a “buy” rating in a research note on Friday, August 4th. Sanford C. Bernstein set a €16.45 ($19.13) price target on Deutsche Telekom AG and gave the company a “neutral” rating in a research note on Thursday, August 3rd. Finally, set a €18.50 ($21.51) price target on Deutsche Telekom AG and gave the company a “buy” rating in a research note on Thursday, September 7th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the stock. Deutsche Telekom AG has an average rating of “Hold” and an average price target of €17.33 ($20.15).
Deutsche Telekom AG (FRA DTE) opened at €14.97 ($17.40) on Monday. Deutsche Telekom AG has a 52 week low of €14.27 ($16.59) and a 52 week high of €18.13 ($21.08).
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About Deutsche Telekom AG
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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