Analysts Set Deutsche Telekom AG (DTE) PT at $16.95

Shares of Deutsche Telekom AG (FRA:DTE) have received a consensus recommendation of “Buy” from the twenty-three research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and seventeen have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €16.95 ($19.70).

A number of research firms have recently commented on DTE. HSBC set a €17.50 ($20.35) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Wednesday. Credit Suisse Group set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Tuesday, November 27th. Berenberg Bank set a €14.00 ($16.28) price target on shares of Deutsche Telekom and gave the company a “neutral” rating in a research report on Tuesday, November 27th. Jefferies Financial Group set a €11.80 ($13.72) price target on shares of Deutsche Telekom and gave the company a “sell” rating in a research report on Tuesday, November 27th. Finally, UBS Group set a €18.80 ($21.86) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Tuesday, November 27th.

DTE opened at €15.49 ($18.01) on Thursday. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one 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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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