Deutsche Telekom (FRA:DTE) received a €16.50 ($19.19) price objective from equities researchers at Sanford C. Bernstein in a report released on Thursday. The brokerage currently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 12.28% from the company’s previous close.
DTE has been the topic of a number of other research reports. equinet set a €13.30 ($15.47) target price on shares of 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) target price on shares of 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 note on Thursday, October 18th. Commerzbank 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 Thursday. Finally, 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 Tuesday, August 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of €16.80 ($19.54).
Shares of DTE stock opened at €14.70 ($17.09) on Thursday. Deutsche Telekom has a 1 year low of €12.72 ($14.79) and a 1 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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