Deutsche Telekom AG (DTE) Given a €17.40 Price Target by Berenberg Bank Analysts

Deutsche Telekom AG (FRA:DTE) has been assigned a €17.40 ($20.23) target price by Berenberg Bank in a research report issued on Wednesday, July 19th. The firm currently has a “neutral” rating on the stock.

Several other research analysts have also weighed in on DTE. HSBC Holdings plc set a €19.00 ($22.09) price objective on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Tuesday, March 21st. equinet AG set a €15.50 ($18.02) price target on shares of Deutsche Telekom AG and gave the company a “neutral” rating in a research note on Tuesday, March 28th. UBS AG set a €18.20 ($21.16) target price on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a research report on Wednesday, March 29th. Morgan Stanley set a €17.30 ($20.12) target price on shares of Deutsche Telekom AG and gave the stock a “neutral” rating in a research report on Friday, March 31st. Finally, Royal Bank Of Canada set a €19.00 ($22.09) price target on shares of Deutsche Telekom AG and gave the stock a “buy” rating in a report on Friday, March 31st. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €17.81 ($20.71).

Shares of Deutsche Telekom AG (FRA:DTE) opened at 15.635 on Wednesday. The stock has a 50 day moving average price of €16.08 and a 200 day moving average price of €16.37. Deutsche Telekom AG has a 12 month low of €14.05 and a 12 month high of €18.13. The stock has a market cap of €72.81 billion and a P/E ratio of 244.297.

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