Trade Report: The Deutsche Telekom AG (DTE) Given a €17.40 Price Target at Berenberg Bank

The Deutsche Telekom AG (DTE) Given a €17.40 Price Target at Berenberg Bank

Berenberg Bank set a €17.40 ($19.33) target price on Deutsche Telekom AG (FRA:DTE) in a research report released on Monday morning. The brokerage currently has a a neutral rating on the stock.

Other research analysts have also issued research reports about the company. Barclays PLC set a €19.00 ($21.11) target price on Deutsche Telekom AG and gave the company a buy rating in a report on Thursday, June 16th. BNP Paribas set a €19.00 ($21.11) target price on Deutsche Telekom AG and gave the company a buy rating in a report on Monday, June 13th. HSBC set a €17.00 ($18.89) target price on Deutsche Telekom AG and gave the company a buy rating in a report on Monday, June 27th. Kepler Capital Markets set a €19.00 ($21.11) target price on Deutsche Telekom AG and gave the company a buy rating in a report on Thursday, June 16th. Finally, Goldman Sachs Group Inc. set a €19.60 ($21.78) target price on Deutsche Telekom AG and gave the company a buy rating in a report on Wednesday, June 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of €17.63 ($19.59).

Deutsche Telekom AG (FRA:DTE) opened at 14.208 on Monday. The firm has a market capitalization of €65.31 billion and a price-to-earnings ratio of 11.899. Deutsche Telekom AG has a one year low of €13.37 and a one year high of €17.56. The firm has a 50-day moving average price of €14.81 and a 200-day moving average price of €15.21.

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