Deutsche Telekom (FRA:DTE – Get Rating) received a €26.50 ($28.49) price objective from JPMorgan Chase & Co. in a report released on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 54.79% from the stock’s previous close.
Several other equities analysts have also commented on DTE. The Goldman Sachs Group set a €22.50 ($24.19) price target on shares of Deutsche Telekom in a research note on Tuesday, April 12th. Berenberg Bank set a €27.00 ($29.03) price target on shares of Deutsche Telekom in a research note on Friday, March 25th. Jefferies Financial Group set a €21.30 ($22.90) price target on shares of Deutsche Telekom in a research note on Thursday, March 24th. Deutsche Bank Rese… set a €26.50 ($28.49) price objective on Deutsche Telekom in a report on Wednesday, April 6th. Finally, Credit Suisse Group set a €21.00 ($22.58) price objective on Deutsche Telekom in a report on Wednesday, March 23rd. Twelve equities research analysts have rated the stock with a buy rating, According to MarketBeat, Deutsche Telekom currently has an average rating of “Buy” and an average price target of €23.86 ($25.66).
Shares of Deutsche Telekom stock opened at €17.12 ($18.41) on Thursday. Deutsche Telekom has a 52 week low of €12.72 ($13.68) and a 52 week high of €18.13 ($19.49). The firm’s 50 day moving average is €16.75 and its two-hundred day moving average is €16.56.
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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