Nord/LB set a €18.00 ($20.93) price objective on Deutsche Telekom (FRA:DTE) in a research note released on Friday morning. The firm currently has a buy rating on the stock.

A number of other research firms have also recently commented on DTE. Jefferies Financial Group set a €11.80 ($13.72) price target on shares of Deutsche Telekom and gave the stock a sell rating in a report on Thursday. Commerzbank set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday. equinet set a €13.30 ($15.47) price target on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Thursday. Cfra set a €16.60 ($19.30) price target on shares of Deutsche Telekom and gave the stock a buy rating in a report on Thursday. Finally, Barclays set a €17.00 ($19.77) price target on shares of Deutsche Telekom and gave the stock a neutral rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the company. Deutsche Telekom currently has an average rating of Buy and a consensus price target of €16.80 ($19.54).

FRA:DTE traded up €0.04 ($0.05) during trading hours on Friday, reaching €14.70 ($17.09). The company had a trading volume of 10,329,856 shares. Deutsche Telekom has a twelve month low of €12.72 ($14.79) and a twelve month high of €18.13 ($21.08).

Deutsche Telekom Company Profile

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.

Further Reading: Fundamental Analysis and Individual Investors

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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