Deutsche Telekom AG (FRA:DTE) Given a €21.80 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Deutsche Telekom AG (FRA:DTE) has been assigned a €21.80 ($25.65) price target by investment analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Friday, July 21st. The firm currently has a “buy” rating on the stock.

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DTE has been the topic of a number of other research reports. Barclays PLC set a €21.00 ($24.71) price objective on Deutsche Telekom AG and gave the company a “buy” rating in a report on Friday, May 26th. J P Morgan Chase & Co set a €19.00 ($22.35) target price on Deutsche Telekom AG and gave the stock a “buy” rating in a research note on Wednesday, April 5th. equinet AG set a €15.50 ($18.24) target price on Deutsche Telekom AG and gave the company a “neutral” rating in a report on Tuesday, March 28th. HSBC Holdings plc set a €18.80 ($22.12) target price on Deutsche Telekom AG and gave the company a “buy” rating in a report on Monday, May 29th. Finally, Nord/LB set a €19.00 ($22.35) price objective on Deutsche Telekom AG and gave the company a “buy” rating in a research note on Monday, May 29th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €17.75 ($20.88).

Shares of Deutsche Telekom AG (FRA:DTE) traded down 0.32% during mid-day trading on Friday, reaching €15.50. 20,526 shares of the company’s stock were exchanged. The firm has a market cap of €72.37 billion and a P/E ratio of 131.36. The company has a 50 day moving average price of €15.71 and a 200 day moving average price of €16.31. Deutsche Telekom AG has a 52-week low of €14.05 and a 52-week high of €18.13.

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