Deutsche Telekom (FRA:DTE) received a €16.25 ($20.06) target price from analysts at Sanford C. Bernstein in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 25.39% from the stock’s current price.

A number of other brokerages have also issued reports on DTE. Deutsche Bank set a €18.60 ($22.96) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Tuesday, December 5th. Nord/LB set a €19.00 ($23.46) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Monday, December 11th. Royal Bank of Canada set a €19.00 ($23.46) price target on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Wednesday, December 6th. UBS Group set a €19.50 ($24.07) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Wednesday, December 6th. Finally, Independent Research set a €20.00 ($24.69) price target on shares of Deutsche Telekom and gave the stock a “buy” rating in a report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of €17.21 ($21.25).

Shares of Deutsche Telekom (FRA:DTE) opened at €12.96 ($16.00) on Thursday. Deutsche Telekom has a twelve month low of €12.84 ($15.85) and a twelve month high of €18.13 ($22.38).

ILLEGAL ACTIVITY NOTICE: “Sanford C. Bernstein Analysts Give Deutsche Telekom (DTE) a €16.25 Price Target” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.dailypolitical.com/2018/02/10/sanford-c-bernstein-analysts-give-deutsche-telekom-dte-a-16-25-price-target-2.html.

About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.