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Bernstein Reaffirms Their Buy Rating on Deutsche Telekom (0MPH)

Tipranks - Fri Feb 27, 3:48AM CST

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.

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