Deutsche Telekom share loses 0.2% - where does the trip go?
Deutsche Telekom share loses 0.2% - where does the trip go?
On Friday morning, Deutsche Telekom had to accept a loss transaction after their stock fell on the Xetra exchange. The shareholders reacted by pressing the TELEKOM share price by 0.2 percent to EUR 27.14. In the first trading lesson, the course even fell to EUR 27.12 after the value was at the beginning of the trading day at EUR 27.19. A total of 141,652 shares changed their owner.
Deutsche Telekom has experienced a volatile development in recent weeks. On October 10, 2024, the share price reached a 52-week high of EUR 27.32. The current course is therefore 0.66 percent below this maximum. In comparison, the share price on October 24, 2023 was EUR 20.00 at a 52-week low, which corresponds to a decline of 26.31 percent compared to the current course.
dividend and analyst forecasts
However, there is a ray of hope for investors: In 2023, the shareholders received a dividend of EUR 0.770. For the current year, an increase is expected to EUR 0.858 per share. Analysts see the price target on average at EUR 32.93, which implies a potential upward trend.The recent quarterly figures, which were announced on August 8, 2024, also showed a positive trend. Deutsche Telekom was able to show a profit of EUR 0.42 per share for the second quarter of 2024, compared to EUR 0.31 per share in the previous year. The turnover amounted to EUR 28.39 billion, which corresponds to an increase of 4.31 percent in the year. For the third quarter of 2024, the financial figures are expected on November 14, 2024.
Analysts have also assured that Deutsche Telekom can expect a profit of EUR 1.80 per share in 2024. Despite the current drop in the course, the general mood and the long -term forecasts seem to be optimistic.
Nevertheless, it remains to be seen how the share will develop in the coming weeks. The current movements on the stock exchange require a healthy dose of patience, and investors should follow the upcoming reports carefully. After all, Deutsche Telekom could be able to stabilize again after this setback and possibly even increase its dividend in the future.
Current information on the price movements and analyzes of Deutsche Telekom can be found in a report on www.finance.net .
Kommentare (0)