Deutsche Telekom Shares Hold Steady as Investors Eye US Risks and Earnings
The stock market for Deutsche-Telekom shares remains balanced, with neither buyers nor sellers currently dominating. Investors are cautious, awaiting clarity on potential US shutdowns and the upcoming earnings season. Analysts from HSBC Investmentbank, UBS AG, and Bernstein Research have positively assessed Deutsche Telekom, maintaining 'buy' recommendations and setting high price targets. They praise the company's strong organic growth within the European telecom sector. However, risks in the US stock market include increased national focus by the Trump administration, high investment costs, intensifying competition, and mobile market price pressure. Despite these challenges, opportunities exist in expanding the 5G network, increasing customer numbers, and synergies from network modernization. Without fresh impetus from the US stock market or impressive Q3 results on November 13, the Deutsche-Telekom share is likely to stay in its current sideways trend, trading around the 29 euro mark. Investors are advised to monitor the situation closely.
