Deutsche Telekom (DTE) Given a €18.40 Price Target by UBS Group Analysts

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UBS Group set a €18.40 ($21.40) target price on Deutsche Telekom (FRA:DTE) in a report released on Wednesday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

DTE has been the topic of several other reports. Kepler Capital Markets set a €16.50 ($19.19) price objective on shares of Deutsche Telekom and gave the company a buy rating in a report on Thursday, August 9th. Barclays set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the company a neutral rating in a report on Monday, August 6th. DZ Bank reiterated a buy rating on shares of Deutsche Telekom in a report on Thursday, August 9th. Jefferies Financial Group set a €11.80 ($13.72) price objective on shares of Deutsche Telekom and gave the company a sell rating in a report on Thursday, August 9th. Finally, HSBC set a €17.00 ($19.77) price objective on shares of Deutsche Telekom and gave the company a buy rating in a report on Friday, August 10th. One analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €16.74 ($19.47).

FRA:DTE opened at €14.66 ($17.04) on Wednesday. Deutsche Telekom has a one year low of €12.72 ($14.79) and a one year high of €18.13 ($21.08).

About Deutsche Telekom

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