Deutsche Telekom’s (FRA:DTE) Neutral Rating Reiterated at Barclays

Deutsche Telekom (FRA:DTE)‘s stock had its “neutral” rating reissued by research analysts at Barclays in a report released on Monday, April 15th, Borsen Zeitung reports.

Several other brokerages have also recently issued reports on DTE. Macquarie set a €15.00 ($17.44) target price on Deutsche Telekom and gave the company a “neutral” rating in a report on Wednesday, January 9th. Berenberg Bank set a €13.20 ($15.35) target price on Deutsche Telekom and gave the company a “sell” rating in a report on Monday, February 11th. UBS Group set a €18.40 ($21.40) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Wednesday, March 20th. HSBC set a €17.50 ($20.35) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Friday, March 8th. Finally, Independent Research set a €17.50 ($20.35) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday, February 21st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. Deutsche Telekom currently has a consensus rating of “Buy” and a consensus price target of €16.58 ($19.28).

Shares of DTE traded up €0.07 ($0.08) during trading hours on Monday, hitting €14.91 ($17.34). 12,181,383 shares of the stock were exchanged. Deutsche Telekom has a 12-month low of €12.72 ($14.79) and a 12-month 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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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