Deutsche Telekom (DTE) Given a 16.70 Price Target at Barclays

Barclays set a 16.70 ($19.42) target price on Deutsche Telekom (FRA:DTE) in a report published on Thursday morning. The firm currently has a neutral rating on the stock.

DTE has been the subject of a number of other reports. Credit Suisse Group set a 17.00 ($19.77) price target on Deutsche Telekom and gave the stock a buy rating in a report on Monday, June 11th. equinet set a 13.30 ($15.47) target price on Deutsche Telekom and gave the company a neutral rating in a research note on Wednesday, March 14th. Sanford C. Bernstein set a 14.80 ($17.21) target price on Deutsche Telekom and gave the company a neutral rating in a research note on Tuesday, March 20th. Nord/LB set a 18.00 ($20.93) target price on Deutsche Telekom and gave the company a buy rating in a research note on Wednesday, June 27th. Finally, UBS Group set a 18.20 ($21.16) target price on Deutsche Telekom and gave the company a buy rating in a research note on Friday, June 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and sixteen have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of 16.85 ($19.60).

Deutsche Telekom traded up 0.06 ($0.07), reaching 13.85 ($16.10), during trading hours on Thursday, MarketBeat Ratings reports. 5,626,378 shares of the companys stock were exchanged. Deutsche Telekom has a twelve month low of 12.72 ($14.79) and a twelve month high of 18.13 ($21.08).

This article provided by NewsEdge.