Deutsche Telekom AG : Good timing to go long again
Entry price | Target | Stop-loss | Potential |
---|
€14.67 |
€15.4 |
€14.2 |
+5.01% |
---|
The selling pressure regarding Deutsche Telekom shares could subside shortly. We anticipate a rebound on the 100-days moving average.
Summary● The company has solid fundamentals for a short-term investment strategy.
Strengths● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● Historically, the company has been releasing figures that are above expectations.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 14.12 EUR
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● The group shows a rather high level of debt in proportion to its EBITDA.
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