Bank of America Analysts Give Deutsche Telekom (FRA:DTE) a €18.00 Price Target
Bank of America set a €18.00 ($20.93) price objective on Deutsche Telekom (FRA:DTE) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
DTE has been the topic of several other research reports. Independent Research set a €32.00 ($37.21) target price on Bilfinger and gave the company a neutral rating in a research report on Thursday, May 9th. Deutsche Bank increased their price target on Lululemon Athletica from $204.00 to $205.00 and gave the company a buy rating in a report on Thursday, June 13th. Macquarie set a €13.50 ($15.70) price target on Deutsche Telekom and gave the company a neutral rating in a report on Thursday, June 13th. UBS Group set a €110.00 ($127.91) price target on Wacker Chemie and gave the company a buy rating in a report on Thursday, June 13th. Finally, Barclays reaffirmed a buy rating on shares of 1&1 Drillisch in a report on Thursday, June 13th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of €16.62 ($19.33).
FRA DTE opened at €14.74 ($17.14) on Tuesday. The firm has a 50 day moving average price of €15.31. Deutsche Telekom has a 1-year low of €12.72 ($14.79) and a 1-year high of €18.13 ($21.08).
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. 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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