Deutsche Telekom AG has been given a "Neutral" rating by UBS AG, with a target price of 28 euros, following the release of the company's third-quarter results. Analyst Polo Tang noted the consistent performance of the telecommunications firm based in Bonn, despite uncertainties in the German economy and the upcoming Bundestag elections, which have affected the share price.
The analysis highlights the cautious outlook for the company due to external economic pressures, while also recognizing its stable operational development.
Currently, Deutsche Telekom shares are trading at 28.72 EUR, representing a 2.83% increase.