Deutsche Telekom AG (DTE) Receives €16.74 Consensus Target Price from Analysts

Deutsche Telekom AG (FRA:DTE) has earned a consensus recommendation of “Buy” from the twenty-four research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is €16.77 ($19.50).

DTE has been the topic of several recent analyst reports. Sanford C. Bernstein set a €16.40 ($19.07) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, July 12th. 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 research note on Monday, July 16th. Citigroup set a €16.50 ($19.19) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Friday, July 27th. Jefferies Financial Group set a €11.80 ($13.72) price target on shares of Deutsche Telekom and gave the stock a “sell” rating in a research note on Tuesday, July 31st. Finally, Barclays set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Monday, August 6th.

DTE stock traded up €0.04 ($0.05) during trading on Friday, hitting €14.70 ($17.09). The company had a trading volume of 10,329,856 shares. Deutsche Telekom has a 52-week low of €12.72 ($14.79) and a 52-week 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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