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 firm currently has a buy rating on the stock.
DTE has been the subject of several other research reports. Credit Suisse Group set a €16.00 ($18.60) target price on shares of Deutsche Telekom and gave the company a neutral rating in a report on Friday, November 8th. Nord/LB set a €17.40 ($20.23) target price on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday, November 7th. DZ Bank restated a buy rating on shares of Deutsche Telekom in a report on Friday, November 8th. Independent Research set a €18.50 ($21.51) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday, November 7th. Finally, Berenberg Bank set a €12.70 ($14.77) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. Deutsche Telekom has an average rating of Hold and a consensus price target of €16.57 ($19.27).
Shares of DTE stock traded down €0.05 ($0.06) on Monday, hitting €15.16 ($17.62). The stock had a trading volume of 8,366,225 shares. The business has a 50 day moving average of €15.54 and a 200 day moving average of €15.20. Deutsche Telekom has a 12-month low of €12.72 ($14.79) and a 12-month 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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