Deutsche Telekom hits 52-week low as investors flee despite upside potential
Deutsche Telekom shares have plummeted to a new 52-week low of €26.00, raising concerns among analysts and investors. Despite an average target price of nearly €40, indicating significant upside potential, the stock market seems to be ignoring these projections. Major shareholders, including the German federal government, SoftBank Group Corp., BlackRock Fund Advisors, and The Vanguard Group, hold around 30% of Deutsche Telekom's shares, with the rest in free float. The current market capitalization stands at about 128 billion euros, and the dividend yield is 3.12%, reflecting stability and investor confidence. However, the stock market has been struggling, and every attempt at recovery has been met with selling pressure. The latest analysis suggests urgent action is needed for shareholders, as the stock price is perilously close to its annual low. Buyers are staying away, and sellers are dictating the action. A sustained break below €26.00 could trigger a fresh wave of selling. Deutsche Telekom shares are in a precarious position, with the stock market pricing in a continuation of the negative trend. Analysts see potential, but the stock market is currently not reflecting this. Urgent action is needed to prevent further decline and capitalize on the identified upside potential.
