J.P. Morgan Remains a Buy on Deutsche Telekom (0MPH)
In a report released today, Akhil Dattani from J.P. Morgan maintained a Buy rating on Deutsche Telekom, with a price target of €40.00.
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Dattani covers the Communication Services sector, focusing on stocks such as Deutsche Telekom, ORANGE SA, and Vodafone. According to TipRanks, Dattani has an average return of 4.1% and a 56.62% success rate on recommended stocks.
Deutsche Telekom has an analyst consensus of Strong Buy, with a price target consensus of €37.68.
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.
Read More on GB:0MPH:
Disclaimer & DisclosureReport an Issue
- 0MPH Upcoming Earnings Report: What to Expect?
- Deutsche Telekom upgraded to Buy from Hold at Erste Group
- Deutsche Telekom price target raised to EUR 40 from EUR 39 at JPMorgan
- Deutsche Telekom price target lowered to EUR 38.50 from EUR 40 at Barclays
- Deutsche Telekom price target lowered to EUR 38 from EUR 40 at Morgan Stanley
