Deutsche Telekom (FRA:DTE) has been given a €11.80 ($13.72) price objective by equities research analysts at Jefferies Financial Group in a report issued on Thursday. The brokerage presently has a “sell” rating on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 19.70% from the company’s previous close.
A number of other analysts have also recently weighed in on the stock. Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Tuesday. UBS Group set a €18.40 ($21.40) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Tuesday. equinet set a €13.30 ($15.47) price objective on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Wednesday, October 31st. DZ Bank reaffirmed a “buy” rating on shares of Deutsche Telekom in a report on Thursday, October 18th. Finally, HSBC set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday, October 18th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of €16.80 ($19.54).
DTE stock opened at €14.70 ($17.09) on Thursday. Deutsche Telekom has a fifty-two week low of €12.72 ($14.79) and a fifty-two 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.
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