Deutsche Telekom (DTE) Receives Buy Rating from DZ Bank

DZ Bank reiterated their buy rating on shares of Deutsche Telekom (FRA:DTE) in a research report report published on Thursday.

A number of other analysts have also recently weighed in on DTE. UBS Group set a €18.20 ($21.16) target price on shares of Deutsche Telekom and gave the company a buy rating in a research note on Friday, June 22nd. Barclays set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the company a neutral rating in a research note on Monday. Credit Suisse Group set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the company a buy rating in a research note on Wednesday. HSBC set a €17.00 ($19.77) target price on shares of Deutsche Telekom and gave the company a buy rating in a research note on Thursday. Finally, Nord/LB set a €18.00 ($20.93) target price on shares of Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, June 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the stock. The stock has an average rating of Buy and an average target price of €16.74 ($19.47).

FRA DTE traded up €0.10 ($0.12) on Thursday, reaching €14.66 ($17.04). The company’s stock had a trading volume of 16,325,101 shares. Deutsche Telekom has a 52 week low of €12.72 ($14.79) and a 52 week high of €18.13 ($21.08).

About Deutsche Telekom

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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Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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