Deutsche Telekom (DTE) PT Set at €19.40 by Goldman Sachs Group
Deutsche Telekom (FRA:DTE) received a €19.40 ($23.10) price target from stock analysts at Goldman Sachs Group in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 31.13% from the company’s previous close.
DTE has been the subject of a number of other research reports. Barclays set a €19.00 ($22.62) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Monday, September 25th. Sanford C. Bernstein set a €16.45 ($19.58) target price on shares of Deutsche Telekom and gave the stock a “neutral” rating in a research note on Monday, November 6th. DZ Bank reissued a “buy” rating on shares of Deutsche Telekom in a research note on Friday, December 22nd. JPMorgan Chase & Co. set a €20.00 ($23.81) target price on shares of Deutsche Telekom and gave the stock a “buy” rating in a research note on Monday, November 6th. Finally, Nord/LB set a €19.00 ($22.62) price target on shares of Deutsche Telekom and gave the company a “buy” rating in a research note on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company’s stock. Deutsche Telekom currently has an average rating of “Hold” and an average price target of €17.33 ($20.63).
Deutsche Telekom (FRA:DTE) opened at €14.80 ($17.61) on Thursday. Deutsche Telekom has a 52 week low of €14.63 ($17.42) and a 52 week high of €18.13 ($21.58).
Deutsche Telekom Company Profile
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. 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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