Deutsche Telekom (FRA:DTE) received a €19.00 ($23.46) price target from equities researchers at Independent Research in a research report issued to clients and investors on Wednesday, January 3rd. The firm presently has a “buy” rating on the stock. Independent Research’s target price indicates a potential upside of 31.31% from the company’s current price.

A number of other brokerages have also issued reports on DTE. Sanford C. Bernstein set a €16.25 ($20.06) target price on Deutsche Telekom and gave the company a “neutral” rating in a research report on Monday, December 11th. Deutsche Bank set a €18.60 ($22.96) target price on Deutsche Telekom and gave the company a “buy” rating in a research report on Tuesday, December 5th. Nord/LB set a €19.00 ($23.46) target price on Deutsche Telekom and gave the company a “buy” rating in a research report on Monday, December 11th. Royal Bank of Canada set a €19.00 ($23.46) target price on Deutsche Telekom and gave the company a “neutral” rating in a research report on Wednesday, December 6th. Finally, UBS Group set a €19.50 ($24.07) price objective on Deutsche Telekom and gave the company a “buy” rating in a report on Wednesday, December 6th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. Deutsche Telekom currently has an average rating of “Hold” and an average target price of €17.31 ($21.37).

Shares of Deutsche Telekom (FRA:DTE) traded down €0.10 ($0.12) during trading hours on Wednesday, hitting €14.47 ($17.86). The stock had a trading volume of 12,106,211 shares. Deutsche Telekom has a 52-week low of €14.36 ($17.73) and a 52-week high of €18.13 ($22.38).

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About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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.

Analyst Recommendations for Deutsche Telekom (FRA:DTE)

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