DZ Bank Reaffirms Buy Rating for Deutsche Telekom (FRA:DTE)
Deutsche Telekom (FRA:DTE)‘s stock had its “buy” rating restated by research analysts at DZ Bank in a research report issued to clients and investors on Wednesday, January 3rd.
A number of other research firms have also issued reports on DTE. Barclays set a €18.00 ($22.22) target price on Deutsche Telekom and gave the company a “buy” rating in a research note on Monday, November 13th. BNP Paribas set a €18.00 ($22.22) target price on Deutsche Telekom and gave the company a “buy” rating in a research note on Thursday, September 14th. Jefferies Group set a €13.00 ($16.05) price target on Deutsche Telekom and gave the company a “sell” rating in a report on Tuesday, December 19th. Kepler Capital Markets set a €16.00 ($19.75) price target on Deutsche Telekom and gave the company a “neutral” rating in a report on Monday, November 6th. Finally, Sanford C. Bernstein set a €16.25 ($20.06) price target on Deutsche Telekom and gave the company a “neutral” rating in a report on Tuesday, December 19th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €17.31 ($21.37).
Deutsche Telekom (DTE) traded down €0.10 ($0.12) during mid-day trading on Wednesday, hitting €14.47 ($17.86). The stock had a trading volume of 12,106,211 shares. Deutsche Telekom has a fifty-two week low of €14.36 ($17.73) and a fifty-two week high of €18.13 ($22.38).
Deutsche Telekom Company Profile
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.
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