Deutsche Telekom (DTE) Given a €17.00 Price Target by HSBC Analysts
Deutsche Telekom (FRA:DTE) has been given a €17.00 ($19.77) target price by research analysts at HSBC in a research report issued on Thursday. The brokerage currently has a “buy” rating on the stock. HSBC’s target price indicates a potential upside of 16.00% from the company’s previous close.
A number of other research analysts have also recently commented on DTE. UBS Group set a €18.20 ($21.16) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Friday, June 22nd. Barclays set a €17.00 ($19.77) price target on Deutsche Telekom and gave the stock a “neutral” rating in a report on Monday, October 15th. Credit Suisse Group set a €17.00 ($19.77) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Wednesday. Nord/LB set a €18.00 ($20.93) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Wednesday, June 27th. Finally, Kepler Capital Markets set a €16.50 ($19.19) price target on Deutsche Telekom and gave the stock a “buy” rating in a report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €16.74 ($19.47).
FRA DTE opened at €14.66 ($17.04) on Thursday. Deutsche Telekom has a 12 month low of €12.72 ($14.79) and a 12 month high of €18.13 ($21.08).
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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