JPMorgan Chase & Co. Reaffirms Neutral Rating for Deutsche Telekom AG (DTEGY)
Deutsche Telekom AG (OTCMKTS:DTEGY)‘s stock had its “neutral” rating restated by stock analysts at JPMorgan Chase & Co. in a research note issued on Thursday.
Several other equities analysts have also issued reports on DTEGY. Goldman Sachs Group Inc. restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Friday, September 2nd. DZ Bank AG restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Thursday, August 11th. HSBC restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Monday, August 8th. Finally, Bank of America Corp. restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Thursday, September 29th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Deutsche Telekom AG has an average rating of “Buy” and a consensus price target of $20.00.
Deutsche Telekom AG (OTCMKTS:DTEGY) opened at 15.805 on Thursday. The firm has a market capitalization of $72.66 billion, a price-to-earnings ratio of 11.883 and a beta of 0.94. The stock’s 50 day moving average price is $16.58 and its 200-day moving average price is $17.03. Deutsche Telekom AG has a 12 month low of $15.22 and a 12 month high of $18.93.
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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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