Deutsche Telekom (DTE) Given a €19.00 Price Target by J P Morgan Chase & Co Analysts

J P Morgan Chase & Co set a €19.00 ($22.62) price objective on Deutsche Telekom (FRA:DTE) in a research report released on Monday morning. The firm currently has a buy rating on the stock.

Other analysts have also issued research reports about the company. BNP Paribas set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the company a buy rating in a report on Thursday, September 14th. Nord/LB set a €19.00 ($22.62) price objective on Deutsche Telekom and gave the company a buy rating in a report on Thursday, September 7th. set a €18.50 ($22.02) price objective on Deutsche Telekom and gave the company a buy rating in a report on Thursday, September 7th. UBS set a €18.20 ($21.67) price objective on Deutsche Telekom and gave the company a buy rating in a report on Friday, August 11th. Finally, Barclays set a €21.00 ($25.00) price objective on Deutsche Telekom and gave the company a buy rating in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the company. Deutsche Telekom currently has a consensus rating of Hold and an average price target of €17.31 ($20.60).

Shares of Deutsche Telekom (FRA DTE) opened at €15.62 ($18.60) on Monday. Deutsche Telekom has a twelve month low of €14.63 ($17.42) and a twelve month high of €18.13 ($21.58).

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Deutsche Telekom Company Profile

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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