Deutsche Telekom Stock Price Update
Deutsche Telekom’s stock price has remained relatively stable, trading around 31 euros per share.
Recent Analyst Downgrade and New Target Price
A recent downgrade of the company’s US subsidiary, T-Mobile, has led to a slight decrease in the new target price for Deutsche Telekom’s stock. The new target price is set at 35.40 euros, down from the previous target of 36.20 euros.
Potential Stock Price Increase
Despite the downgrade and ongoing dollar weakness, analysts still predict a potential increase of 28% in the stock price.
Positive Financial Outlook
The company’s free cash flow has increased by over 50% in the last quarter, providing a positive outlook for Deutsche Telekom’s financial performance.
Key Statistics
- Current stock price: 31 euros per share
- New target price: 35.40 euros
- Potential stock price increase: 28%
- Increase in free cash flow: over 50% in the last quarter