Deutsche Telekom (FRA:DTE) Given a €17.00 Price Target at Credit Suisse Group

Deutsche Telekom (FRA:DTE) has been assigned a €17.00 ($19.77) price target by equities research analysts at Credit Suisse Group in a report issued on Thursday, April 18th, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 13.99% from the stock’s current price.

A number of other equities analysts have also recently commented on the stock. HSBC set a €17.50 ($20.35) price objective on shares of Deutsche Telekom and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Berenberg Bank set a €13.20 ($15.35) target price on shares of Deutsche Telekom and gave the company a “sell” rating in a research report on Monday, January 21st. Macquarie set a €15.00 ($17.44) target price on shares of Deutsche Telekom and gave the company a “neutral” rating in a research report on Wednesday, January 9th. Barclays reissued a “neutral” rating on shares of Deutsche Telekom in a research report on Monday, April 15th. Finally, DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research report on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of €16.58 ($19.28).

DTE stock traded up €0.07 ($0.08) during midday trading on Thursday, reaching €14.91 ($17.34). 12,181,383 shares of the company were exchanged. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one year 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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