Deutsche Telekom AG (NASDAQ:DTEGY) Receives Average Rating of “Buy” from Brokerages
Deutsche Telekom AG (NASDAQ:DTEGY) has received a consensus broker rating score of 2.00 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell recommendation and two have assigned a strong buy recommendation to the company.
Brokers have set a 1-year consensus price target of $21.85 for the company, according to Zacks. Zacks has also given Deutsche Telekom AG an industry rank of 64 out of 265 based on the ratings given to its competitors.
A number of brokerages have weighed in on DTEGY. Zacks Investment Research upgraded Deutsche Telekom AG from a “sell” rating to a “hold” rating in a research note on Wednesday, August 17th. Jefferies Group lowered Deutsche Telekom AG from a “hold” rating to an “underperform” rating in a research note on Thursday, June 16th.
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Shares of Deutsche Telekom AG (NASDAQ:DTEGY) remained flat at $16.18 on Tuesday. The company’s stock had a trading volume of 85,725 shares. Deutsche Telekom AG has a 12-month low of $15.22 and a 12-month high of $18.93. The company has a market cap of $74.38 billion and a P/E ratio of 12.07. The firm has a 50 day moving average of $16.93 and a 200 day moving average of $17.13.
Deutsche Telekom AG Company Profile
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