Deutsche Telekom (DTE) Given a €15.50 Price Target by Citigroup Analysts
Deutsche Telekom (FRA:DTE) has been assigned a €15.50 ($19.14) price target by analysts at Citigroup in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price objective indicates a potential upside of 9.73% from the company’s current price.
Other analysts have also issued research reports about the stock. Nord/LB set a €19.00 ($23.46) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Monday, December 11th. JPMorgan Chase & Co. set a €20.50 ($25.31) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Wednesday, October 11th. Jefferies Group set a €14.30 ($17.65) target price on shares of Deutsche Telekom and gave the company a “sell” rating in a research report on Thursday, October 26th. Independent Research set a €19.00 ($23.46) target price on shares of Deutsche Telekom and gave the company a “buy” rating in a research report on Friday, December 22nd. Finally, DZ Bank restated a “buy” rating on shares of Deutsche Telekom in a research report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of €17.24 ($21.29).
Deutsche Telekom (DTE) opened at €14.13 ($17.44) on Tuesday. Deutsche Telekom has a one year low of €14.05 ($17.35) and a one year high of €18.13 ($22.38).
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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