DZ BANK AG Sticks to Its Buy Rating for Deutsche Telekom (0MPH)
In a report released yesterday, Karsten Oblinger from DZ BANK AG maintained a Buy rating on Deutsche Telekom. The company’s shares closed yesterday at €34.09.
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Oblinger covers the Communication Services sector, focusing on stocks such as CTS Eventim AG & Co. KGaA, Deutsche Telekom, and 1&1 AG. According to TipRanks, Oblinger has an average return of 4.6% and a 59.26% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Deutsche Telekom with a €37.93 average price target, representing an 11.26% upside. In a report released on February 26, Deutsche Bank also maintained a Buy rating on the stock with a €42.00 price target.
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 6.93M.
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
