Deutsche Telekom (ETR:DTEA) price target raised to 16EUR as disclosed today by equinet AG

August 10, 2016

Finance News

Boasting a price of 15.68EUR, Deutsche Telekom (ETR:DTEA) traded 1.16% higher on the day. With the last stock close up 18.68% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has raised 0.00% over the same period. The company has registered a 50-day average of 13.56EUR and two hundred day average of 11.75EUR. Volume of trade was was down over the average, with 2,395 shares of DTEA changing hands under the typical 64,094 shares.

equinet AG bumped the price target of Deutsche Telekom (ETR:DTEA) to 16EUR, reporting a possible downside of -0.01%,

Previously on Tuesday August 9 2016, Jefferies & Company Inc. released a statement for Deutsche Telekom(ETR:DTEA) suggesting “Underperform” with a target price of 12EUR. At the time, this indicated a possible downside of -0.22%.

Recent Performance Graphic:

Deutsche Telekom (ETR:DTEA)

In addition to equinet AG reporting it’s stock price target, a total of 4 firms have released a report on Deutsche Telekom. The average target is 14.89EUR with one analyst rating the stock a strong buy, zero rating the stock a buy, four firms rating the stock a hold, zero rating the company to underperform, and lastly zero brokeragesrating the company as sell.

Deutsche Telekom has a one-year low of 8.88EUR and a one-year high of 17.84EUR and has a total market value of 341.6M EUR.

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