Deutsche Telekom (FRA:DTE) has been given a €19.40 ($23.10) target price by analysts at Goldman Sachs Group in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective suggests a potential upside of 30.46% from the stock’s current price.
Other equities research analysts have also issued research reports about the stock. Barclays set a €19.00 ($22.62) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Tuesday, September 12th. Macquarie set a €14.50 ($17.26) price target on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Monday, September 18th. Jefferies Group set a €14.30 ($17.02) price target on shares of Deutsche Telekom and gave the stock a “sell” rating in a research note on Wednesday, September 13th. Credit Suisse Group set a €16.50 ($19.64) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, Independent Research set a €20.00 ($23.81) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of €17.33 ($20.63).
Shares of Deutsche Telekom (FRA DTE) opened at €14.87 ($17.70) on Wednesday. Deutsche Telekom has a one year low of €14.63 ($17.42) and a one year high of €18.13 ($21.58).
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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.
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