Stocks: Deutsche Telekom AG (DTE) Given a €20.00 Price Target at Independent Research GmbH

Stocks: Deutsche Telekom AG (DTE) Given a €20.00 Price Target at Independent Research GmbH

Independent Research GmbH set a €20.00 ($21.74) target price on Deutsche Telekom AG (FRA:DTE) in a report released on Thursday morning. The firm currently has a buy rating on the stock.

Other analysts also recently issued reports about the stock. BNP Paribas set a €18.00 ($19.57) price objective on shares of Deutsche Telekom AG and gave the company a buy rating in a research report on Monday, January 16th. HSBC Holdings plc set a €19.00 ($20.65) price objective on shares of Deutsche Telekom AG and gave the company a buy rating in a research report on Monday, January 16th. Deutsche Bank AG set a €19.25 ($20.92) price target on shares of Deutsche Telekom AG and gave the company a buy rating in a report on Thursday, January 12th. Barclays PLC set a €20.50 ($22.28) price target on shares of Deutsche Telekom AG and gave the company a buy rating in a report on Wednesday, January 25th. Finally, JPMorgan Chase & Co. set a €19.50 ($21.20) price target on shares of Deutsche Telekom AG and gave the company a buy rating in a report on Monday, January 23rd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of €17.59 ($19.12).

Shares of Deutsche Telekom AG (FRA:DTE) traded up 4.347% on Thursday, hitting €17.501. 195,820 shares of the stock were exchanged. Deutsche Telekom AG has a 12 month low of €13.37 and a 12 month high of €17.53. The company has a 50-day moving average price of €16.29 and a 200 day moving average price of €15.83. The company has a market cap of €80.81 billion and a PE ratio of 30.279.

About Deutsche Telekom AG

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