Deutsche Telekom AG (DTEGY) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Deutsche Telekom AG (OTCMKTS:DTEGY)‘s stock had its “neutral” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research report issued on Thursday.
A number of other brokerages have also weighed in on DTEGY. DZ Bank AG reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Thursday, August 11th. HSBC reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Monday, August 8th. Bank of America Corp. reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Thursday, September 29th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Friday, September 2nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $20.00.
Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) opened at 15.805 on Thursday. The company has a market cap of $72.66 billion, a P/E ratio of 11.883 and a beta of 0.94. Deutsche Telekom AG has a 52 week low of $15.22 and a 52 week high of $18.93. The company’s 50-day moving average price is $16.58 and its 200 day moving average price is $17.03.
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About Deutsche Telekom AG
Deutsche Telekom AG provides information technology (IT) and telecommunications services. The Company’s operating segments include Germany, consisting of fixed-network and mobile activities in Germany; United States, which consists of mobile activities in the United States market; Europe, consisting of fixed-network and mobile operations of the national companies in various European countries, such as Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, the Netherlands and Austria; Systems Solutions, which operates information and communication technology (ICT) systems for multinational corporations and public sector institutions, and Group Headquarters & Group Services, which consists of the operations of service headquarters and various other subsidiaries of the Company.
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