Deutsche Telekom "add"

02.03.06 - Dresdner Kleinwort Wasser.

LONDON, March 2 (newratings.com) - Analysts at Dresdner Kleinwort Wasserstein maintain their "add" rating on Deutsche Telekom (DTEL-EUR). The target price is set to ?17.

In a research note published this morning, the analysts mention that the company has announced a dividend of ?0.72 per share, in-line with the consensus. Deutsche Telekom is expected to witness a turnaround at its UK segment during Q3, the analysts say. Dresdner Kleinwort Wasserstein believes, however, that 2006 would be a difficult year for the company.