HSBC Reiterates Buy Rating for Deutsche Telekom (DTE)

Deutsche Telekom (FRA:DTE)‘s stock had its “buy” rating reaffirmed by equities research analysts at HSBC in a research note issued to investors on Wednesday.

A number of other analysts have also recently commented on the stock. Berenberg Bank set a €13.20 ($15.35) target price on shares of Deutsche Telekom and gave the stock a “sell” rating in a research note on Monday, January 21st. Macquarie set a €15.00 ($17.44) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Wednesday, January 9th. Jefferies Financial Group set a €11.80 ($13.72) target price on shares of Deutsche Telekom and gave the stock a “sell” rating in a research note on Thursday, November 8th. Sanford C. Bernstein set a €16.45 ($19.13) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Friday, January 25th. Finally, Nord/LB set a €18.00 ($20.93) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Friday, November 9th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €16.82 ($19.56).

DTE stock opened at €14.64 ($17.02) on Wednesday. Deutsche Telekom has a 52 week low of €12.72 ($14.79) and a 52 week 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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