Deutsche Telekom (FRA:DTE) Given a €26.50 Price Target at Deutsche Bank Rese…

Deutsche Bank Rese… set a €26.50 ($28.49) target price on Deutsche Telekom (FRA:DTEGet Rating) in a research note released on Friday morning, Borsen Zeitung reports.

A number of other equities analysts also recently weighed in on the company. Barclays set a €23.00 ($24.73) price target on Deutsche Telekom in a research report on Friday, April 1st. Jefferies Financial Group set a €21.30 ($22.90) target price on Deutsche Telekom in a research report on Tuesday. Deutsche Bank Aktiengesellschaft set a €26.00 ($27.96) target price on Deutsche Telekom in a research report on Friday, February 25th. Sanford C. Bernstein set a €24.60 ($26.45) target price on Deutsche Telekom in a research report on Wednesday, March 23rd. Finally, UBS Group set a €25.20 ($27.10) target price on Deutsche Telekom in a research report on Wednesday. Twelve research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of Buy and an average target price of €23.86 ($25.66).

Shares of FRA DTE opened at €17.57 ($18.89) on Friday. The business’s 50 day moving average price is €16.76 and its two-hundred day moving average price is €16.57. Deutsche Telekom has a twelve month low of €12.72 ($13.68) and a twelve month high of €18.13 ($19.49).

About Deutsche Telekom (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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