Zacks: Analysts Set $21.85 Target Price for Deutsche Telekom AG (NASDAQ:DTEGY)
Deutsche Telekom AG (NASDAQ:DTEGY) has been assigned a consensus broker rating score of 2.00 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a sell rating and two have assigned a strong buy rating to the company.
Analysts have set a 12-month consensus target price of $21.85 for the company, according to Zacks. Zacks has also given Deutsche Telekom AG an industry rank of 76 out of 265 based on the ratings given to its competitors.
A number of research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Deutsche Telekom AG from a “hold” rating to a “sell” rating in a research report on Monday. Jefferies Group lowered shares of Deutsche Telekom AG from a “hold” rating to an “underperform” rating in a research report on Thursday, June 16th.
Deutsche Telekom AG (NASDAQ:DTEGY) opened at 17.14 on Tuesday. Deutsche Telekom AG has a 12 month low of $15.22 and a 12 month high of $18.93. The company’s 50-day moving average price is $16.90 and its 200 day moving average price is $17.13. The company has a market capitalization of $78.79 billion and a price-to-earnings ratio of 12.82.
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