Deutsche Bank Reiterates “€18.60” Price Target for Deutsche Telekom (DTE)

Deutsche Bank set a €18.60 ($22.14) target price on Deutsche Telekom (FRA:DTE) in a research note published on Tuesday. The brokerage currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the stock. Nord/LB 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 Thursday, September 7th. BNP Paribas set a €18.00 ($21.43) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Tuesday, September 5th. J P Morgan Chase & Co set a €20.50 ($24.40) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Wednesday, October 11th. Jefferies Group set a €14.30 ($17.02) target price on shares of Deutsche Telekom and gave the company a sell rating in a research report on Thursday, October 26th. Finally, UBS set a €18.20 ($21.67) target price on shares of Deutsche Telekom and gave the company a buy rating in a research report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €17.31 ($20.60).

Shares of Deutsche Telekom (FRA:DTE) opened at €15.62 ($18.60) on Tuesday. Deutsche Telekom has a 1-year low of €14.63 ($17.42) and a 1-year 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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