Deutsche Telekom (DTE) Given a €16.50 Price Target by Kepler Capital Markets Analysts
Deutsche Telekom (FRA:DTE) has been given a €16.50 ($19.19) target price by equities researchers at Kepler Capital Markets in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 12.28% from the company’s previous close.
Several other research analysts have also issued reports on DTE. Sanford C. Bernstein set a €16.40 ($19.07) target price on Deutsche Telekom and gave the stock a “buy” rating in a research report on Thursday, July 12th. Credit Suisse Group set a €17.00 ($19.77) target price on Deutsche Telekom and gave the stock a “buy” rating in a research report on Monday, July 16th. Citigroup set a €16.50 ($19.19) target price on Deutsche Telekom and gave the stock a “buy” rating in a research report on Friday, July 27th. Jefferies Financial Group set a €11.80 ($13.72) target price on Deutsche Telekom and gave the stock a “sell” rating in a research report on Tuesday, July 31st. Finally, Barclays set a €17.00 ($19.77) target price on Deutsche Telekom and gave the stock a “neutral” rating in a research report on Monday, August 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have assigned a buy rating to the stock. Deutsche Telekom presently has a consensus rating of “Buy” and an average price target of €16.80 ($19.54).
Shares of FRA:DTE opened at €14.70 ($17.09) on Thursday. Deutsche Telekom has a 52-week low of €12.72 ($14.79) and a 52-week 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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