Berenberg Bank Analysts Give Deutsche Telekom (DTE) a €13.20 Price Target

Berenberg Bank set a €13.20 ($15.35) price target on Deutsche Telekom (FRA:DTE) in a research note issued to investors on Monday. The firm currently has a sell rating on the stock.

Several other analysts have also recently commented on DTE. Credit Suisse Group restated a buy rating on shares of Deutsche Telekom in a research note on Tuesday, December 4th. UBS Group set a €18.80 ($21.86) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research note on Tuesday, November 27th. Jefferies Financial Group set a €11.80 ($13.72) price objective on shares of Deutsche Telekom and gave the company a sell rating in a research note on Tuesday, November 27th. HSBC set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, November 28th. Finally, Kepler Capital Markets set a €18.00 ($20.93) price objective on shares of Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, December 12th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have given a buy rating to the company. The company has an average rating of Buy and an average target price of €16.95 ($19.71).

DTE stock opened at €14.25 ($16.57) on Monday. 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.

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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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