Jefferies Financial Group set a €12.10 ($14.07) target price on Deutsche Telekom (FRA:DTE) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other analysts also recently issued reports on the company. Bank of America set a €18.00 ($20.93) price target on Deutsche Telekom and gave the company a buy rating in a report on Friday, November 1st. Kepler Capital Markets set a €18.00 ($20.93) price target on Deutsche Telekom and gave the company a buy rating in a report on Thursday, November 7th. Barclays set a €13.60 ($15.81) target price on Deutsche Telekom and gave the company a sell rating in a research note on Wednesday, January 29th. HSBC set a €17.00 ($19.77) target price on Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, December 4th. Finally, Berenberg Bank set a €12.70 ($14.77) target price on Deutsche Telekom and gave the company a sell rating in a research note on Thursday, January 9th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €16.32 ($18.98).
Shares of FRA DTE opened at €15.63 ($18.17) on Tuesday. Deutsche Telekom has a 12-month low of €12.72 ($14.79) and a 12-month high of €18.13 ($21.08). The stock has a fifty day moving average price of €14.78 and a 200 day moving average price of €15.06.
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.
See Also: Bid-Ask Spread
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