Deutsche Telekom (FRA:DTE) PT Set at €23.50 by Barclays

Deutsche Telekom (FRA:DTEGet Rating) received a €23.50 ($23.98) target price from Barclays in a note issued to investors on Thursday, Borsen Zeitung reports. Barclays‘s price target suggests a potential upside of 20.14% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft set a €29.50 ($30.10) target price on shares of Deutsche Telekom in a research report on Friday, November 11th. UBS Group set a €27.00 ($27.55) price target on shares of Deutsche Telekom in a research note on Thursday, November 10th. Sanford C. Bernstein set a €25.00 ($25.51) price target on shares of Deutsche Telekom in a research note on Thursday, November 10th. Credit Suisse Group set a €23.00 ($23.47) price target on shares of Deutsche Telekom in a research note on Friday, November 11th. Finally, Jefferies Financial Group set a €23.60 ($24.08) price target on shares of Deutsche Telekom in a research note on Thursday, November 10th.

Deutsche Telekom Stock Down 0.2 %

Shares of DTE traded down €0.04 ($0.04) during mid-day trading on Thursday, reaching €19.56 ($19.96). 6,121,969 shares of the stock traded hands. The firm has a fifty day moving average price of €18.59 and a 200 day moving average price of €18.65. Deutsche Telekom has a 1 year low of €12.72 ($12.98) and a 1 year high of €18.13 ($18.50).

Deutsche Telekom Company Profile

(Get Rating)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. 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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