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Deutsche Telekom (ETR:DTEA) target bumped up to 18.00EUR, issued a ratings update today by HSBC

Only yesterday Deutsche Telekom (ETR:DTEA) traded -0.49% lower at 14.92EUR. The company’s 50-day moving average is 13.04EUR and its 200-day moving average is 12.54EUR. With the last stock price close up -2.22% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 68,048 shares of DTEA changing hands over the typical 54,345

In a statement issued on 10/3/2016 HSBC raised the target price of Deutsche Telekom (ETR:DTEA) to 18.00EUR indicating a possible upside of 0.21%.

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Deutsche Telekom (ETR:DTEA)

Deutsche Telekom has a with a one year low of 8.88EUR and a one year high of 17.84EUR DTEA’s total market value is presently 0 EUR.

A total of 4 firms have reported on the stock. 1 broker rating the stock a strong buy, zero equity analysts rating the company a buy, four brokerages rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of 14.89EUR.

About 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, The company was founded in 2008 and is headquartered in Mount-Royal, Canada.

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