Jefferies Financial Group set a €12.10 ($14.07) price objective on Deutsche Telekom (FRA:DTE) in a report published on Thursday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other research analysts have also recently commented on DTE. HSBC reiterated a buy rating on shares of Deutsche Telekom in a research report on Wednesday, February 20th. Royal Bank of Canada set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Thursday, February 21st. UBS Group set a €18.60 ($21.63) target price on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, February 21st. Kepler Capital Markets set a €18.00 ($20.93) target price on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, February 21st. Finally, DZ Bank restated a buy rating on shares of Deutsche Telekom in a report on Thursday, February 21st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of €16.63 ($19.34).
Shares of FRA DTE opened at €15.39 ($17.90) on Thursday. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one year high of €18.13 ($21.08).
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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