Deutsche Telekom’s (DTE) Buy Rating Reaffirmed at DZ Bank

DZ Bank reiterated their buy rating on shares of Deutsche Telekom (FRA:DTE) in a report issued on Thursday morning.

Other analysts also recently issued research reports about the stock. Societe Generale set a €19.50 ($22.67) price target on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday, August 9th. Kepler Capital Markets set a €16.50 ($19.19) price target on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday, August 9th. UBS Group set a €18.40 ($21.40) price target on shares of Deutsche Telekom and gave the company a buy rating in a report on Wednesday, October 17th. Commerzbank set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday. Finally, Sanford C. Bernstein set a €16.50 ($19.19) price target on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday. One analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of €16.77 ($19.50).

Shares of FRA DTE traded up €0.04 ($0.05) during trading on Thursday, reaching €14.70 ($17.09). 10,329,856 shares of the company traded hands. Deutsche Telekom has a 52-week low of €12.72 ($14.79) and a 52-week 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.

Further Reading: Diversification Important in Investing

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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