Deutsche Telekom (DTE) Given a €16.40 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €16.40 ($19.07) target price on Deutsche Telekom (FRA:DTE) in a research report sent to investors on Thursday morning. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the company. UBS Group restated a buy rating and set a target price on shares of Deutsche Telekom in a report on Tuesday, August 7th. Commerzbank set a €17.00 ($19.77) price target on Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday, July 3rd. 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 Wednesday, June 27th. 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 Monday, June 11th. Finally, Societe Generale set a €19.50 ($22.67) price target on Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday, July 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of €16.84 ($19.58).

Shares of Deutsche Telekom opened at €14.05 ($16.33) on Thursday, according to MarketBeat Ratings. Deutsche Telekom has a 1 year low of €12.72 ($14.79) and a 1 year high of €18.13 ($21.08).

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.

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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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