T-Mobile US (TMUS) will deliver "attractive" returns for shareholders over the next 12 months, driven by growth in earnings before interest, taxes, depreciation, and amortization, or EBITDA, and free cash flow, analysts at Deutsche Bank said in a Friday note.

Analysts said that the company's fiscal Q3 financial results beat estimates and provided "convincing evidence that T-Mobile can continue to take market share in both the mobile and home broadband markets."

Deutsche Bank said that the company's Q3 results also topped estimates for volume growth across Postpaid Phone, Home Broadband, and, to a lesser extent, prepaid net additions. It said that this was a "noteworthy performance" considering that higher gross additions require investments that weigh on EBITDA and free cash flow.

Analysts said the "company has latent pricing power, which should be considered when valuing T-Mobile."

Deutsche Bank has a buy rating on the stock and a price target of $300.

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