UBS Group set a €19.30 ($22.44) price objective on Deutsche Telekom (FRA:DTE) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts have also commented on the stock. HSBC set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a buy rating in a research note on Monday, June 17th. Jefferies Financial Group set a €12.10 ($14.07) price target on shares of Deutsche Telekom and gave the stock a sell rating in a research note on Thursday, August 8th. Oddo Bhf set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the stock a buy rating in a report on Tuesday, May 21st. Macquarie set a €13.00 ($15.12) price objective on shares of Deutsche Telekom and gave the stock a sell rating in a report on Wednesday, July 17th. Finally, Barclays set a €17.60 ($20.47) price objective on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Thursday, August 8th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of €16.72 ($19.45).
Deutsche Telekom stock opened at €14.60 ($16.98) on Monday. The business has a 50-day simple moving average of €14.97. Deutsche Telekom has a 52 week low of €12.72 ($14.79) and a 52 week high of €18.13 ($21.08).
Deutsche Telekom Company Profile
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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