Deutsche Telekom (FRA:DTE) has been given a €16.25 ($19.35) target price by investment analysts at Sanford C. Bernstein in a report issued on Monday. The brokerage currently has a “neutral” rating on the stock. Sanford C. Bernstein’s target price indicates a potential upside of 4.70% from the stock’s current price.
Other analysts have also recently issued research reports about the company. BNP Paribas set a €18.00 ($21.43) target price on Deutsche Telekom and gave the stock a “buy” rating in a research report on Thursday, September 14th. Nord/LB set a €19.00 ($22.62) price target on Deutsche Telekom and gave the company a “buy” rating in a research report on Thursday, September 7th. set a €18.50 ($22.02) price target on Deutsche Telekom and gave the company a “buy” rating in a research report on Thursday, September 7th. Barclays set a €19.00 ($22.62) price target on Deutsche Telekom and gave the company a “buy” rating in a research report on Tuesday, September 12th. Finally, UBS set a €19.20 ($22.86) price target on Deutsche Telekom and gave the company a “buy” rating in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of €17.31 ($20.60).
Shares of Deutsche Telekom (DTE) opened at €15.52 ($18.48) on Monday. Deutsche Telekom has a 52-week low of €14.63 ($17.42) and a 52-week high of €18.13 ($21.58).
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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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