Deutsche Telekom (FRA:DTE) Given “Buy” Rating at DZ Bank

DZ Bank reaffirmed their buy rating on shares of Deutsche Telekom (FRA:DTE) in a research note released on Wednesday, Borsen Zeitung reports.

Several other research firms also recently commented on DTE. The Goldman Sachs Group set a €23.00 ($27.06) target price on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Tuesday. Kepler Capital Markets set a €21.00 ($24.71) target price on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Monday, March 8th. JPMorgan Chase & Co. set a €25.00 ($29.41) target price on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Thursday, May 6th. Independent Research set a €18.00 ($21.18) target price on shares of Deutsche Telekom and gave the stock a buy rating in a research report on Monday, March 1st. Finally, Deutsche Bank Aktiengesellschaft set a €25.00 ($29.41) price target on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday, April 22nd. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €21.14 ($24.87).

Deutsche Telekom stock opened at €16.81 ($19.78) on Wednesday. Deutsche Telekom has a one year low of €12.72 ($14.96) and a one year high of €18.13 ($21.33). The company’s fifty day moving average price is €16.45 and its two-hundred day moving average price is €15.36.

About Deutsche Telekom

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.

Featured Story: What is the Gross Domestic Product (GDP)?

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.