Deutsche Telekom (DTE) Given a €19.00 Price Target at Royal Bank Of Canada

Deutsche Telekom (FRA:DTE) has been assigned a €19.00 ($22.62) price objective by investment analysts at Royal Bank Of Canada in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 24.84% from the stock’s current price.

DTE has been the subject of several other reports. Barclays set a €19.00 ($22.62) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Monday, September 25th. Sanford C. Bernstein set a €16.45 ($19.58) target price on shares of Deutsche Telekom and gave the company a “neutral” rating in a research report on Monday, November 6th. J P Morgan Chase & Co set a €20.00 ($23.81) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Monday, November 6th. Nord/LB set a €19.00 ($22.62) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a report on Friday, November 17th. Finally, S&P Global set a €16.00 ($19.05) price target on shares of Deutsche Telekom and gave the company a “neutral” rating in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the stock. Deutsche Telekom currently has an average rating of “Hold” and an average price target of €17.31 ($20.60).

Shares of Deutsche Telekom (FRA:DTE) opened at €15.22 ($18.12) on Wednesday. Deutsche Telekom has a 12-month low of €14.47 ($17.23) and a 12-month high of €18.13 ($21.58).

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Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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