Deutsche Telekom’s (DTE) “Buy” Rating Reaffirmed at DZ Bank

DZ Bank restated their buy rating on shares of Deutsche Telekom (FRA:DTE) in a research report released on Friday morning.

Other research analysts also recently issued research reports about the company. Goldman Sachs Group set a €21.00 ($25.93) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, November 7th. Nord/LB set a €19.00 ($23.46) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. Barclays set a €19.30 ($23.83) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. Deutsche Bank set a €18.60 ($22.96) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. Finally, JPMorgan Chase & Co. set a €20.00 ($24.69) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €17.14 ($21.16).

Deutsche Telekom (FRA DTE) traded up €0.42 ($0.52) on Friday, hitting €13.40 ($16.54). The stock had a trading volume of 25,770,008 shares. The stock has a market capitalization of $63,730.00 and a P/E ratio of 18.10. Deutsche Telekom has a 1 year low of €12.74 ($15.73) and a 1 year high of €18.13 ($22.38).

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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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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