Jefferies Financial Group Analysts Give Deutsche Telekom (FRA:DTE) a €23.60 Price Target

Jefferies Financial Group set a €23.60 ($23.60) price objective on Deutsche Telekom (FRA:DTEGet Rating) in a research note released on Thursday morning, Borsen Zeitung reports.

Several other equities analysts also recently commented on the company. The Goldman Sachs Group set a €23.50 ($23.50) price objective on Deutsche Telekom in a research report on Thursday, October 13th. UBS Group set a €27.00 ($27.00) price target on Deutsche Telekom in a research note on Thursday. Berenberg Bank set a €27.00 ($27.00) price objective on shares of Deutsche Telekom in a research report on Thursday, September 15th. Deutsche Bank Aktiengesellschaft set a €29.50 ($29.50) target price on shares of Deutsche Telekom in a research report on Thursday, October 13th. Finally, Barclays set a €23.50 ($23.50) price target on Deutsche Telekom in a report on Thursday.

Deutsche Telekom Stock Performance

Shares of DTE stock opened at €18.86 ($18.86) on Thursday. The company’s fifty day moving average price is €18.57 and its 200-day moving average price is €18.56. Deutsche Telekom has a one year low of €12.72 ($12.72) and a one year high of €18.13 ($18.13).

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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