Bernstein Reaffirms Their Buy Rating on Deutsche Telekom (0MPH)
Bernstein analyst Ottavio Adorisio maintained a Buy rating on Deutsche Telekom today and set a price target of €37.00.
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According to TipRanks, Adorisio is a 4-star analyst with an average return of 11.4% and a 70.45% success rate.
Currently, the analyst consensus on Deutsche Telekom is a Strong Buy with an average price target of €37.93.
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:
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- 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
