Trading Report: The Deutsche Telekom AG (DTE) Given a €19.00 Price Target at Deutsche Bank AG

The Deutsche Telekom AG (DTE) Given a €19.00 Price Target at Deutsche Bank AG

Deutsche Telekom AG (FRA:DTE) has been given a €19.00 ($20.88) price target by Deutsche Bank AG in a note issued to investors on Monday. The brokerage currently has a a “buy” rating on the stock.

Several other brokerages have also recently weighed in on DTE. S&P Global Inc. set a €19.00 ($20.88) target price on Deutsche Telekom AG and gave the stock a “buy” rating in a report on Thursday, August 11th. Nord/LB set a €19.00 ($20.88) target price on Deutsche Telekom AG and gave the stock a “buy” rating in a report on Wednesday, August 17th. Commerzbank AG set a €16.00 ($17.58) target price on Deutsche Telekom AG and gave the stock a “neutral” rating in a report on Friday, July 22nd. equinet AG set a €15.50 ($17.03) target price on Deutsche Telekom AG and gave the stock a “neutral” rating in a report on Tuesday, October 25th. Finally, Sanford C. Bernstein set a €15.90 ($17.47) target price on Deutsche Telekom AG and gave the stock a “neutral” rating in a report on Thursday, July 14th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €17.57 ($19.31).

Shares of Deutsche Telekom AG (FRA:DTE) opened at 14.847 on Monday. Deutsche Telekom AG has a 12 month low of €13.37 and a 12 month high of €17.56. The company has a market cap of €68.25 billion and a PE ratio of 12.435. The firm’s 50-day moving average price is €14.70 and its 200 day moving average price is €15.15.

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