HSBC Analysts Give Deutsche Telekom (FRA:DTE) a €17.00 Price Target

HSBC set a €17.00 ($19.77) price target on Deutsche Telekom (FRA:DTE) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on DTE. DZ Bank reaffirmed a buy rating on shares of Deutsche Telekom in a report on Thursday, August 8th. Bank of America set a €18.00 ($20.93) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, July 16th. Kepler Capital Markets set a €18.00 ($20.93) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, June 13th. UBS Group set a €19.30 ($22.44) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Monday. Finally, Jefferies Financial Group set a €12.10 ($14.07) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a report on Thursday, August 8th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of €16.72 ($19.45).

DTE stock opened at €14.65 ($17.03) on Monday. Deutsche Telekom has a fifty-two week low of €12.72 ($14.79) and a fifty-two week high of €18.13 ($21.08). The firm’s 50-day simple moving average is €14.95 and its 200 day simple moving average is €14.96.

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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