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Deutsche Telekom shares weaker: discounts on Wednesday morning
Current Deutsche Telekom share news: share price plunge in the morning! All important information about current developments at Deutsche Telekom here. Expert opinions and forecasts included. Finance.net.
Deutsche Telekom shares weaker: discounts on Wednesday morning
The Deutsche Telekom share showed a negative development on Wednesday morning. In XETRA trading, the price fell by 0.2 percent to EUR 20.79. At the beginning of the trading session, the share started at EUR 20.83 and has since reached a low of EUR 20.74. A total of 277,542 Deutsche Telekom shares were traded. The 52-week high was EUR 23.40 on January 24, 2024, which corresponds to a decline of 11.15 percent.
Last year, investors received a profit distribution of EUR 0.770 per share. The forecast for the current year is EUR 0.866. Analysts see an average price target of EUR 29.17 for Deutsche Telekom shares. The balance sheet for the fourth quarter of 2023 showed a profit of EUR 0.37 per share compared to EUR 0.40 in the same quarter of the previous year.
The sales figures for the past quarter amounted to EUR 29,369.00, which corresponds to a decrease of 1.45 percent compared to the same period last year. The Q1 2024 balance sheet is expected to be published on May 16, 2024. Experts forecast a profit of EUR 1.79 per share for the whole of 2024.
Overall, the development of Deutsche Telekom shares on Wednesday morning points to a downward trend. Investors and analysts will be looking forward to the coming quarterly reports and further price developments.