Sanford C. Bernstein Reiterates €16.45 Price Target for Deutsche Telekom AG (DTE)

Deutsche Telekom AG (FRA:DTE) has been given a €16.45 ($19.35) target price by Sanford C. Bernstein in a report released on Wednesday, August 9th. The brokerage presently has a “neutral” rating on the stock.

DTE has been the topic of several other research reports. Barclays PLC set a €21.00 ($24.71) price objective on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Friday, May 26th. HSBC Holdings plc set a €18.80 ($22.12) price objective on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Monday, May 29th. Nord/LB set a €19.00 ($22.35) price objective on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Monday, May 29th. J P Morgan Chase & Co set a €19.30 ($22.71) price objective on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Monday, May 29th. Finally, Citigroup Inc. set a €17.00 ($20.00) price objective on shares of Deutsche Telekom AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the company’s stock. Deutsche Telekom AG presently has a consensus rating of “Hold” and an average target price of €17.75 ($20.88).

Deutsche Telekom AG (DTE) opened at 15.50 on Wednesday. The company has a market cap of €72.37 billion and a PE ratio of 131.36. The company has a 50-day moving average of €15.69 and a 200 day moving average of €16.30. Deutsche Telekom AG has a 12 month low of €14.05 and a 12 month high of €18.13.

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