Deutsche Telekom (DTE) Given a €17.50 Price Target by HSBC Analysts
Deutsche Telekom (FRA:DTE) has been given a €17.50 ($20.35) price objective by stock analysts at HSBC in a report released on Monday. The firm presently has a “buy” rating on the stock. HSBC’s target price suggests a potential upside of 17.33% from the company’s previous close.
DTE has been the topic of several other reports. Kepler Capital Markets set a €16.50 ($19.19) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a report on Thursday, August 9th. Barclays set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the company a “neutral” rating in a research report on Monday, August 6th. DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research report on Thursday, August 9th. Jefferies Financial Group set a €11.80 ($13.72) price objective on shares of Deutsche Telekom and gave the company a “sell” rating in a research report on Thursday, August 9th. Finally, Credit Suisse Group set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of €16.83 ($19.57).
Shares of FRA:DTE opened at €14.92 ($17.34) on Monday. 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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