Deutsche Telekom (ETR:DTEA) has been upgraded to Buy in a statement by Merrill Lynch & Co. Inc. earlier today.
- Updated: September 29, 2016
Merrill Lynch & Co. Inc. has upgraded Deutsche Telekom (ETR:DTEA) to Buy in a statement released on 9/29/2016.
On 9/27/2016, Goldman Sachs Group Inc. released a statement on Deutsche Telekom (ETR:DTEA) upped the target price from 0.00EUR to 19.50EUR that suggested an upside of 0.30%.
Having a price of 14.95EUR, Deutsche Telekom (ETR:DTEA) traded -2.37% lower on the day. With the last close up -1.32% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. DTEA has recorded a 50-day average of 13.08EUR and a two hundred day average of 12.53EUR. Volume of trade was down over the average, with 26,076 shares of DTEA changing hands under the typical 56,342
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Deutsche Telekom has a with a one year low of 8.88EUR and a one year high of 17.84EUR The company’s market cap is currently 0 EUR.
In addition to Merrill Lynch & Co. Inc. reporting its stock price target, a total of 4 brokerages have issued a ratings update on the company. The average stock price target is 14.89EUR with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Deutsche Telekom (ETR:DTEA)
DAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company offers approximately 150 loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts, accessories, and food and beverages in the white, green, oolong, black, puÂ’erh, mate, rooibos, and herbal tea categories. As of May 24, 2016, the company owned and operated 198 DAVIDsTEA stores throughout the United States and Canada, as well as through its Website, davidstea.com. The company was founded in 2008 and is headquartered in Mount-Royal, Canada.
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