Deutsche Telekom (DTE) PT Set at €18.40 by UBS Group

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UBS Group set a €18.40 ($21.40) target price on Deutsche Telekom (FRA:DTE) in a research report released on Tuesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

DTE has been the subject of several other reports. equinet set a €13.30 ($15.47) price objective on Deutsche Telekom and gave the stock a neutral rating in a report on Wednesday, October 31st. Nord/LB set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Thursday, August 9th. DZ Bank reissued a buy rating on shares of Deutsche Telekom in a report on Thursday, October 18th. Sanford C. Bernstein set a €16.40 ($19.07) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Thursday, July 12th. Finally, Credit Suisse Group set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, August 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company. Deutsche Telekom has an average rating of Buy and an average target price of €16.80 ($19.54).

Shares of FRA:DTE opened at €14.70 ($17.09) on Tuesday. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year high of €18.13 ($21.08).

About Deutsche Telekom

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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