Deutsche Telekom (DTE) Given a €18.00 Price Target by Nord/LB Analysts

Deutsche Telekom (FRA:DTE) has been given a €18.00 ($20.93) target price by analysts at Nord/LB in a report released on Friday. The firm currently has a “buy” rating on the stock. Nord/LB’s target price suggests a potential upside of 22.49% from the company’s previous close.

DTE has been the subject of a number of other reports. DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research note on Thursday, August 9th. Cfra set a €16.00 ($18.60) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, August 9th. Societe Generale set a €19.50 ($22.67) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, August 9th. Independent Research set a €17.50 ($20.35) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, August 9th. Finally, Kepler Capital Markets set a €16.50 ($19.19) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, August 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of €16.77 ($19.50).

Shares of FRA DTE traded up €0.04 ($0.05) during midday trading on Friday, hitting €14.70 ($17.09). The company’s stock had a trading volume of 10,327,862 shares. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year high of €18.13 ($21.08).

Deutsche Telekom Company Profile

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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