Deutsche Telekom (FRA:DTE) Given a €19.30 Price Target at UBS Group

UBS Group set a €19.30 ($22.44) price target on Deutsche Telekom (FRA:DTE) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. Credit Suisse Group set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a neutral rating in a research note on Wednesday, July 10th. Nord/LB set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Thursday, August 8th. Deutsche Bank set a €19.00 ($22.09) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Thursday, June 13th. Kepler Capital Markets set a €18.00 ($20.93) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Thursday, June 13th. Finally, HSBC set a €17.00 ($19.77) price objective on Deutsche Telekom and gave the stock a buy rating in a research note on Monday, June 17th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of €16.72 ($19.45).

Deutsche Telekom stock opened at €14.65 ($17.03) on Monday. The stock has a 50 day moving average of €14.95 and a 200-day moving average of €14.96. 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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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