DZ Bank Reaffirms Buy Rating for Deutsche Telekom (DTE)

DZ Bank reaffirmed their buy rating on shares of Deutsche Telekom (FRA:DTE) in a research note published on Friday.

A number of other equities research analysts also recently issued reports on DTE. Sanford C. Bernstein set a €16.45 ($19.58) price objective on Deutsche Telekom and gave the stock a neutral rating in a research report on Monday, October 16th. Berenberg Bank set a €15.80 ($18.81) price objective on Deutsche Telekom and gave the stock a neutral rating in a research report on Monday, September 25th. Barclays set a €19.30 ($22.98) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Monday, October 16th. BNP Paribas set a €18.00 ($21.43) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, September 14th. Finally, UBS set a €19.50 ($23.21) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €17.31 ($20.60).

Shares of Deutsche Telekom (FRA DTE) opened at €15.21 ($18.10) on Friday. Deutsche Telekom has a 12-month low of €14.63 ($17.42) and a 12-month high of €18.13 ($21.58).

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Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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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