Deutsche Telekom (FRA:DTE – Get Rating) has been given a €25.20 ($27.10) price objective by equities researchers at UBS Group in a research report issued on Wednesday, Borsen Zeitung reports. UBS Group’s price target suggests a potential upside of 46.60% from the company’s previous close.
DTE has been the topic of a number of other reports. JPMorgan Chase & Co. set a €26.50 ($28.49) price target on shares of Deutsche Telekom in a research report on Thursday, April 21st. Credit Suisse Group set a €21.00 ($22.58) price target on shares of Deutsche Telekom in a research report on Wednesday, March 23rd. Berenberg Bank set a €27.00 ($29.03) price target on shares of Deutsche Telekom in a research report on Friday, March 25th. Barclays set a €23.00 ($24.73) price target on shares of Deutsche Telekom in a research report on Friday, April 1st. Finally, The Goldman Sachs Group set a €22.50 ($24.19) price target on shares of Deutsche Telekom in a research report on Tuesday, April 12th. Twelve research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of €23.86 ($25.66).
Shares of Deutsche Telekom stock opened at €17.19 ($18.48) on Wednesday. Deutsche Telekom has a twelve month low of €12.72 ($13.68) and a twelve month high of €18.13 ($19.49). The firm’s 50-day simple moving average is €16.75 and its 200-day simple moving average is €16.55.
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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