Deutsche Telekom AG (DTE) Receives Average Rating of “Hold” from Analysts
Shares of Deutsche Telekom AG (FRA:DTE) have been given an average recommendation of “Hold” by the twenty-five brokerages that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is €17.82 ($20.96).
Several research firms have recently weighed in on DTE. Barclays PLC set a €21.00 ($24.71) price target on Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Friday, May 26th. HSBC Holdings plc set a €18.80 ($22.12) target price on Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Monday, May 29th. Nord/LB set a €19.00 ($22.35) price target on Deutsche Telekom AG and gave the company a “buy” rating in a report on Monday, May 29th. J P Morgan Chase & Co set a €19.30 ($22.71) price target on Deutsche Telekom AG and gave the company a “buy” rating in a report on Monday, May 29th. Finally, Sanford C. Bernstein set a €16.45 ($19.35) price target on Deutsche Telekom AG and gave the company a “neutral” rating in a report on Monday, June 19th.
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Deutsche Telekom AG (DTE) traded down 0.92% during trading on Friday, hitting €15.48. 34,320 shares of the company traded hands. Deutsche Telekom AG has a 12-month low of €14.05 and a 12-month high of €18.13. The firm has a market capitalization of €72.28 billion and a P/E ratio of 131.19. The stock has a 50-day moving average price of €15.84 and a 200-day moving average price of €16.33.
Deutsche Telekom AG Company Profile
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