Credit Suisse Group set a €17.00 ($19.77) target price on Deutsche Telekom (FRA:DTE) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
DTE has been the subject of several other research reports. Nord/LB set a €17.00 ($19.77) price target on Deutsche Telekom and gave the company a buy rating in a report on Thursday, June 13th. UBS Group set a €110.00 ($127.91) price target on Wacker Chemie and gave the company a buy rating in a report on Thursday, June 13th. Kepler Capital Markets set a GBX 160 ($2.09) price target on Vodafone Group and gave the company a buy rating in a report on Thursday, June 13th. Macquarie set a €13.50 ($15.70) price target on Deutsche Telekom and gave the company a neutral rating in a report on Thursday, June 13th. Finally, Barclays reaffirmed a buy rating on shares of 1&1 Drillisch in a report on Thursday, June 13th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of €16.67 ($19.39).
FRA:DTE opened at €15.25 ($17.73) on Wednesday. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one year high of €18.13 ($21.08). The firm has a 50 day moving average of €15.32.
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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