Deutsche Telekom (DTE) Given a €17.00 Price Target at Commerzbank

Commerzbank set a €17.00 ($19.77) target price on Deutsche Telekom (FRA:DTE) in a research note published on Thursday. The firm currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on DTE. equinet set a €13.30 ($15.47) price target on Deutsche Telekom and gave the stock a neutral rating in a research report on Wednesday, October 31st. Nord/LB set a €18.00 ($20.93) price target on Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, August 9th. DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a research report on Thursday, October 18th. Sanford C. Bernstein set a €16.40 ($19.07) price target on Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, July 12th. Finally, Credit Suisse Group set a €17.00 ($19.77) price target on Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday, August 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of €16.77 ($19.50).

FRA DTE traded up €0.04 ($0.05) on Thursday, hitting €14.70 ($17.09). 10,329,856 shares of the stock traded hands. Deutsche Telekom has a twelve month low of €12.72 ($14.79) and a twelve month 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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