ubs maintains neutral rating for deutsche telekom with target price of 28 euros

Deutsche Telekom has been given a "Neutral" rating by UBS AG, with a target price of €28. The company's consistent development has been noted, although uncertainties related to the German economic landscape and the upcoming Bundestag elections have affected the share price.

In early trading on XETRA, Deutsche Telekom shares increased by 2.8% to €28.62, indicating a downside potential of 2.17% compared to the target price. Today, 1,447,126 shares have been traded, and the stock has seen a significant increase of 36.2% in 2024.

The company will release its Q3 2024 results on November 14, 2024.

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