Todays Report: The Deutsche Telekom AG (DTE) PT Set at €16.50 by Credit Suisse Group AG

The Deutsche Telekom AG (DTE) PT Set at €16.50 by Credit Suisse Group AG

Deutsche Telekom AG (FRA:DTE) has been given a €16.50 ($17.74) price objective by equities researchers at Credit Suisse Group AG in a research report issued on Thursday. The brokerage currently has a “buy” rating on the stock.

A number of other research analysts have also recently commented on DTE. Deutsche Bank AG set a €19.20 ($20.65) price target on shares of Deutsche Telekom AG and gave the company a “buy” rating in a research report on Wednesday, July 27th. Jefferies Group set a €12.10 ($13.01) price target on shares of Deutsche Telekom AG and gave the company a “sell” rating in a research report on Monday, August 8th. equinet AG set a €15.50 ($16.67) price target on shares of Deutsche Telekom AG and gave the company a “neutral” rating in a research report on Wednesday, August 10th. Commerzbank AG set a €16.00 ($17.20) price target on shares of Deutsche Telekom AG and gave the company a “neutral” rating in a research report on Thursday, August 11th. Finally, Societe Generale set a €19.50 ($20.97) price target on shares of Deutsche Telekom AG and gave the company a “buy” rating in a research report on Thursday, August 11th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of €17.40 ($18.71).

Deutsche Telekom AG (FRA:DTE) opened at 14.751 on Thursday. Deutsche Telekom AG has a 52-week low of €13.37 and a 52-week high of €17.56. The firm has a market cap of €68.08 billion and a P/E ratio of 11.877. The company’s 50 day moving average is €14.56 and its 200-day moving average is €15.01.

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