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Deutsche Telekom (0MPH) Gets a Buy from Deutsche Bank

Tipranks - Tipranks - Fri Feb 13, 9:54AM CST

In a report released today, Robert Grindle from Deutsche Bank maintained a Buy rating on Deutsche Telekom, with a price target of €42.00.

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According to TipRanks, Grindle is a 4-star analyst with an average return of 5.6% and a 58.10% success rate. Grindle covers the Communication Services sector, focusing on stocks such as Vodafone, Deutsche Telekom, and 1&1 AG.

Deutsche Telekom has an analyst consensus of Strong Buy, with a price target consensus of €37.68.

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Based on Deutsche Telekom’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €28.75 billion and a net profit of €2.43 billion. In comparison, last year the company earned a revenue of €1.12 billion and had a net profit of €2.96 billion

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0MPH in relation to earlier this year.

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