Deutsche Telekom (FRA:DTE) PT Set at €26.50 by Deutsche Bank Rese…

Deutsche Bank Rese… set a €26.50 ($27.89) price target on Deutsche Telekom (FRA:DTEGet Rating) in a report issued on Monday, Borsen Zeitung reports.

A number of other research firms also recently weighed in on DTE. UBS Group set a €26.00 ($27.37) price target on shares of Deutsche Telekom in a research report on Thursday, June 9th. Berenberg Bank set a €27.00 ($28.42) price target on shares of Deutsche Telekom in a research report on Monday, June 6th. Sanford C. Bernstein set a €24.60 ($25.89) price target on shares of Deutsche Telekom in a research report on Friday, May 13th. The Goldman Sachs Group set a €22.50 ($23.68) price target on shares of Deutsche Telekom in a research report on Monday, June 6th. Finally, JPMorgan Chase & Co. set a €27.00 ($28.42) price target on shares of Deutsche Telekom in a research report on Friday, May 13th.

FRA DTE opened at €18.66 ($19.64) on Monday. Deutsche Telekom has a 1-year low of €12.72 ($13.39) and a 1-year high of €18.13 ($19.08). The company has a 50 day moving average of €18.05 and a 200-day moving average of €17.04.

About Deutsche Telekom (Get Rating)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. 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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