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Deutsche Telekom: share receives buy recommendation

The equity analysts at Nord LB are optimistic about the price development for the Deutsche Telekom share certificate. They give a buy recommendation and see the target mark for the DAX value at 17 euros. On Thursday afternoon, Deutsche Telekom’s share price in XETRA trading was EUR 14.485, which is a slight plus compared to the previous day. In terms of chart technology, there are no new dynamics in the Telekom share today: Neither supports above EUR 14.10 and EUR 14.62 nor resistance levels in the EUR 14.63 / 14.89 area are threatened today.

Back to the analyst’s voice of Nord LB. The experts continue to rate the sector positively. It is assumed that the major European telecommunications companies could benefit from the effects of the corona pandemic – this accelerates the trend towards digitization. Therefore, the telecom companies could continue their moderate growth course, the analysts predict.

For the current year, the stock experts expect earnings per share of Deutsche Telekom of EUR 0.66, the dividend should be EUR 0.60 per share.

At a glance – chart and news: Deutsche Telekom

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