Goldman Sachs Reaffirms Their Buy Rating on Deutsche Telekom (0MPH)
Goldman Sachs analyst Andrew Lee maintained a Buy rating on Deutsche Telekom today and set a price target of €42.00.
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According to TipRanks, Lee is a 3-star analyst with an average return of 2.2% and a 55.56% success rate. Lee covers the Communication Services sector, focusing on stocks such as Deutsche Telekom, Vodafone, and Sunrise Communications AG Class A.
Currently, the analyst consensus on Deutsche Telekom is a Strong Buy with an average price target of €38.27.
Based on Deutsche Telekom’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €31.72 billion and a net profit of €1.72 billion. In comparison, last year the company earned a revenue of €111.71 billion and had a net profit of €4.18 billion
Based on the recent corporate insider activity of 27 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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- Deutsche Telekom upgraded to Buy from Hold at Erste Group
- Deutsche Telekom price target raised to EUR 40 from EUR 39 at JPMorgan
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