UBS Group set a €18.70 ($21.74) price target on Deutsche Telekom (FRA:DTE) in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts have also recently weighed in on the stock. Credit Suisse Group set a €16.00 ($18.60) price objective on shares of Deutsche Telekom and gave the stock a neutral rating in a research report on Friday, November 8th. Barclays set a €13.60 ($15.81) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a research report on Wednesday, January 29th. DZ Bank restated a buy rating on shares of Deutsche Telekom in a research report on Thursday, January 9th. HSBC set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Wednesday, December 4th. Finally, Berenberg Bank set a €12.70 ($14.77) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a research report on Thursday, January 9th. Four research analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of €16.32 ($18.98).
DTE stock opened at €15.63 ($18.17) on Wednesday. The company’s 50 day moving average is €14.78 and its 200 day moving average is €15.06. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year high of €18.13 ($21.08).
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.
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