Deutsche Telekom (FRA:DTE) PT Set at €26.50 by Deutsche Bank Rese…

Deutsche Telekom (FRA:DTEGet Rating) has been assigned a €26.50 ($28.49) price target by Deutsche Bank Rese… in a research note issued to investors on Friday, Borsen Zeitung reports. Deutsche Bank Rese…’s price target would indicate a potential upside of 49.65% from the stock’s current price.

A number of other equities analysts have also commented on the stock. JPMorgan Chase & Co. set a €26.50 ($28.49) price objective on shares of Deutsche Telekom in a research note on Wednesday. The Goldman Sachs Group set a €22.50 ($24.19) target price on shares of Deutsche Telekom in a research note on Tuesday, April 12th. Jefferies Financial Group set a €21.30 ($22.90) target price on shares of Deutsche Telekom in a research note on Tuesday. Credit Suisse Group set a €21.00 ($22.58) target price on shares of Deutsche Telekom in a research note on Wednesday, March 23rd. Finally, Deutsche Bank Aktiengesellschaft set a €26.00 ($27.96) target price on shares of Deutsche Telekom in a research note on Friday, February 25th. Twelve analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of €23.86 ($25.66).

Deutsche Telekom stock traded up €0.52 ($0.56) during midday trading on Friday, reaching €17.71 ($19.04). The stock had a trading volume of 11,243,909 shares. The firm’s fifty day simple moving average is €16.75 and its two-hundred day simple moving average is €16.56. Deutsche Telekom has a twelve month low of €12.72 ($13.68) and a twelve month high of €18.13 ($19.49).

Deutsche Telekom Company Profile (Get Rating)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. 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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