Several other brokerages have also issued reports on DTE. Sanford C. Bernstein set a €16.25 ($20.06) target price on shares of Deutsche Telekom and gave the company a neutral rating in a research report on Friday, January 19th. Barclays set a €18.00 ($22.22) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Monday, November 13th. DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a research report on Friday, December 15th. Goldman Sachs Group set a €18.70 ($23.09) price target on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Friday. Finally, Jefferies Group set a €13.00 ($16.05) price target on shares of Deutsche Telekom and gave the stock a sell rating in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of €17.14 ($21.16).
Shares of Deutsche Telekom (FRA DTE) traded up €0.42 ($0.52) during midday trading on Friday, hitting €13.40 ($16.54). 25,770,008 shares of the stock traded hands. Deutsche Telekom has a 1-year low of €12.74 ($15.73) and a 1-year high of €18.13 ($22.38). The firm has a market capitalization of $63,730.00 and a price-to-earnings ratio of 18.10.
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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