Deutsche Telekom (FRA:DTE) PT Set at €28.50 by JPMorgan Chase & Co.

Deutsche Telekom (FRA:DTEGet Rating) received a €28.50 ($29.08) price objective from equities researchers at JPMorgan Chase & Co. in a report issued on Monday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 45.78% from the company’s current price.

A number of other equities research analysts also recently weighed in on the company. Sanford C. Bernstein set a €25.00 ($25.51) target price on Deutsche Telekom in a research report on Friday. Barclays set a €23.50 ($23.98) target price on Deutsche Telekom in a research note on Thursday, August 11th. Berenberg Bank set a €27.00 ($27.55) price objective on shares of Deutsche Telekom in a research report on Wednesday, August 10th. Credit Suisse Group set a €23.00 ($23.47) price target on shares of Deutsche Telekom in a research note on Friday, August 12th. Finally, The Goldman Sachs Group set a €23.50 ($23.98) target price on Deutsche Telekom in a report on Friday.

Deutsche Telekom Stock Performance

Shares of FRA:DTE opened at €19.55 ($19.95) on Monday. The company’s fifty day moving average is €18.84 and its 200-day moving average is €17.99. Deutsche Telekom has a 52 week low of €12.72 ($12.98) and a 52 week high of €18.13 ($18.50).

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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