Analysts Set Deutsche Telekom (DTE) Price Target at $16.74

Shares of Deutsche Telekom (FRA:DTE) have been assigned an average rating of “Buy” from the twenty-five research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is €16.74 ($19.93).

DTE has been the subject of several research reports. Credit Suisse Group set a €16.50 ($19.64) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Friday, January 26th. Berenberg Bank set a €14.00 ($16.67) price target on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research report on Tuesday, January 30th. Morgan Stanley set a €16.50 ($19.64) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Tuesday, March 6th. JPMorgan Chase set a €18.70 ($22.26) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Thursday, February 8th. Finally, Goldman Sachs set a €18.70 ($22.26) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Thursday, February 1st.

Shares of DTE traded down €0.04 ($0.05) during mid-day trading on Friday, hitting €13.45 ($16.01). The company’s stock had a trading volume of 23,524,894 shares. Deutsche Telekom has a 52-week low of €12.72 ($15.14) and a 52-week high of €18.13 ($21.58).

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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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