Deutsche Telekom AG (FRA:DTE) has been assigned a consensus recommendation of “Buy” from the twenty-three research firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seventeen have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is €16.95 ($19.71).
A number of analysts have recently weighed in on the stock. Berenberg Bank set a €13.20 ($15.35) price target on shares of Deutsche Telekom and gave the stock a “sell” rating in a report on Monday. Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Friday. UBS Group set a €18.60 ($21.63) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Friday. DZ Bank reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Thursday, February 7th. Finally, Sanford C. Bernstein set a €16.45 ($19.13) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Thursday, February 7th.
Shares of Deutsche Telekom stock traded down €0.01 ($0.01) on Tuesday, reaching €14.16 ($16.46). 9,090,292 shares of the stock were exchanged. 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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