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Deutsche Bank Remains a Buy on Deutsche Telekom (0MPH)

Tipranks - Tipranks - Wed Feb 18, 9:08AM CST

Deutsche Bank analyst Robert Grindle maintained a Buy rating on Deutsche Telekom today and set 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.

In a report released on February 12, Barclays also maintained a Buy rating on the stock with a €38.50 price target.

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The company has a one-year high of €35.91 and a one-year low of €26.00. Currently, Deutsche Telekom has an average volume of 6.74M.

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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