Deutsche Telekom (FRA:DTE) Given a €18.00 Price Target by Bank of America Analysts
Bank of America set a €18.00 ($20.93) price objective on Deutsche Telekom (FRA:DTE) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other research analysts have also issued reports about the company. Berenberg Bank reissued a sell rating and issued a GBX 600 ($7.84) price target on shares of Great Portland Estates in a research report on Wednesday, May 22nd. Kepler Capital Markets set a GBX 160 ($2.09) price target on Vodafone Group and gave the stock a buy rating in a research report on Thursday, June 13th. Independent Research set a €32.00 ($37.21) price target on Bilfinger and gave the stock a neutral rating in a research report on Thursday, May 9th. HSBC lowered EFG EUROBANK ER/ADR from a buy rating to a hold rating in a research report on Monday, June 17th. Finally, UBS Group set a €110.00 ($127.91) price target on Wacker Chemie and gave the stock a buy rating in a research report on Thursday, June 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €16.67 ($19.39).
Shares of FRA DTE opened at €15.25 ($17.73) on Wednesday. The firm’s fifty day moving average price is €15.32. Deutsche Telekom has a twelve month low of €12.72 ($14.79) and a twelve 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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