Deutsche Telekom (FRA:DTE – Get Rating) received a €26.50 ($27.60) price objective from equities researchers at Deutsche Bank Rese… in a research report issued to clients and investors on Monday, Borsen Zeitung reports. Deutsche Bank Rese…’s price objective suggests a potential upside of 46.44% from the stock’s current price.
Other equities research analysts have also issued research reports about the company. Barclays set a €23.50 ($24.48) price objective on Deutsche Telekom in a research report on Thursday, June 9th. The Goldman Sachs Group set a €22.50 ($23.44) price objective on Deutsche Telekom in a research report on Monday, June 6th. JPMorgan Chase & Co. set a €27.00 ($28.13) target price on Deutsche Telekom in a research note on Friday, May 13th. Berenberg Bank set a €27.00 ($28.13) target price on Deutsche Telekom in a research note on Monday, June 6th. Finally, Sanford C. Bernstein set a €24.60 ($25.63) target price on Deutsche Telekom in a research note on Friday, May 13th.
Deutsche Telekom stock traded up €0.29 ($0.30) during mid-day trading on Monday, hitting €18.10 ($18.85). The company had a trading volume of 29,915,265 shares. Deutsche Telekom has a 12-month low of €12.72 ($13.25) and a 12-month high of €18.13 ($18.89). The company’s fifty day moving average is €17.95 and its 200-day moving average is €16.98.
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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