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J.P. Morgan Sticks to Its Buy Rating for Deutsche Telekom (0MPH)

J.P. Morgan Sticks to Its Buy Rating for Deutsche Telekom (0MPH)

In a report released today, Akhil Dattani from J.P. Morgan maintained a Buy rating on Deutsche Telekom (0MPHResearch Report), with a price target of €43.00. The company’s shares closed yesterday at €32.63.

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According to TipRanks, Dattani is a 4-star analyst with an average return of 4.8% and a 56.13% success rate.

Deutsche Telekom has an analyst consensus of Strong Buy, with a price target consensus of €37.41, representing a 14.66% upside. In a report released on January 29, Kepler Capital also maintained a Buy rating on the stock with a €37.00 price target.

0MPH market cap is currently €160.8B and has a P/E ratio of 26.60.

Based on the recent corporate insider activity of 28 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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