UBS Group set a €19.30 ($22.44) target price on Deutsche Telekom (FRA:DTE) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also commented on DTE. Barclays set a €17.60 ($20.47) price objective on Deutsche Telekom and gave the stock a neutral rating in a research report on Thursday, August 8th. Macquarie set a €13.00 ($15.12) price objective on Deutsche Telekom and gave the stock a sell rating in a research report on Wednesday, July 17th. Kepler Capital Markets set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, June 13th. Deutsche Bank set a €19.00 ($22.09) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, June 13th. Finally, Bank of America set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday, July 16th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average price target of €16.72 ($19.45).
Shares of FRA DTE opened at €14.65 ($17.03) on Monday. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one year high of €18.13 ($21.08). The business has a 50-day moving average price of €14.95 and a two-hundred day moving average price of €14.96.
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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