UBS Group set a €18.40 ($21.40) price target on Deutsche Telekom (FRA:DTE) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
DTE has been the subject of several other research reports. 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, February 11th. Credit Suisse Group set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a buy rating in a report on Friday, February 22nd. Nord/LB set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a buy rating in a report on Friday, February 22nd. Barclays set a €16.80 ($19.53) price target on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Tuesday, April 2nd. Finally, HSBC reissued a buy rating on shares of Deutsche Telekom in a report on Wednesday, February 20th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Deutsche Telekom presently has a consensus rating of Buy and a consensus target price of €16.56 ($19.26).
Shares of FRA DTE opened at €14.61 ($16.98) on Tuesday. 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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