Macquarie Reiterates Underperform on Deutsche Telekom AG (DTE)
Deutsche Telekom AG (FRA: DTE)‘s stock had its “underperform” rating reaffirmed by research analysts at Macquarie in a report released on Friday. They currently have a $8.83 (€7) target price on the stock.
Deutsche Telekom AG traded down 1.89% on Friday, hitting €8.50. Deutsche Telekom AG has a 52-week low of €7.69 and a 52-week high of €10.045.
A number of other analysts have also recently weighed in on DTE. Analysts at Grupo Santander reiterated an “underweight” rating on shares of Deutsche Telekom AG in a research note to investors on Thursday. They now have a $10.39 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Deutsche Telekom AG in a research note to investors on Tuesday. They now have a $12.99 price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note to investors on Thursday, November 29th. They now have a $13.64 price target on the stock.
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