Todays Report: The Deutsche Bank AG Analysts Give Deutsche Telekom AG (DTE) a €19.00 Price Target

The Deutsche Bank AG Analysts Give Deutsche Telekom AG (DTE) a €19.00 Price Target

Deutsche Bank AG set a €19.00 ($20.88) price objective on Deutsche Telekom AG (FRA:DTE) in a research note issued to investors on Tuesday. The firm currently has a a buy rating on the stock.

Several other analysts have also recently weighed in on the company. Goldman Sachs Group Inc. set a €19.60 ($21.54) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Wednesday, June 29th. Commerzbank AG set a €16.00 ($17.58) price target on Deutsche Telekom AG and gave the company a neutral rating in a report on Friday, July 22nd. Berenberg Bank set a €17.40 ($19.12) price target on Deutsche Telekom AG and gave the company a neutral rating in a report on Friday, September 9th. Barclays PLC set a €19.00 ($20.88) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Wednesday, August 31st. Finally, Nord/LB set a €19.00 ($20.88) price target on Deutsche Telekom AG and gave the company a buy rating in a report on Wednesday, August 17th. One analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have assigned a buy rating to the stock. Deutsche Telekom AG currently has a consensus rating of Buy and an average price target of €17.57 ($19.31).

Shares of Deutsche Telekom AG (FRA:DTE) opened at 14.908 on Tuesday. The company has a 50-day moving average price of €14.70 and a 200 day moving average price of €15.15. Deutsche Telekom AG has a one year low of €13.37 and a one year high of €17.56. The company has a market capitalization of €68.53 billion and a PE ratio of 12.486.

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