Deutsche Telekom (FRA:DTE) Given a €27.00 Price Target at Berenberg Bank

Berenberg Bank set a €27.00 ($28.13) target price on Deutsche Telekom (FRA:DTEGet Rating) in a research note released on Thursday, Borsen Zeitung reports.

A number of other research firms also recently weighed in on DTE. UBS Group set a €26.00 ($27.08) price target on shares of Deutsche Telekom in a research note on Monday. Sanford C. Bernstein set a €24.60 ($25.63) price objective on Deutsche Telekom in a research report on Friday, May 13th. Deutsche Bank Rese… set a €26.50 ($27.60) price target on Deutsche Telekom in a research report on Monday. The Goldman Sachs Group set a €22.50 ($23.44) price objective on shares of Deutsche Telekom in a research note on Thursday. Finally, Credit Suisse Group set a €21.00 ($21.88) target price on shares of Deutsche Telekom in a research note on Tuesday. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Deutsche Telekom presently has an average rating of Buy and a consensus target price of €23.96 ($24.96).

Shares of DTE stock opened at €18.08 ($18.83) on Thursday. The business’s fifty day moving average price is €17.24 and its 200 day moving average price is €16.69. Deutsche Telekom has a 1-year low of €12.72 ($13.25) and a 1-year high of €18.13 ($18.89).

Deutsche Telekom Company Profile (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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