Deutsche Telekom AG (DTEGY) Given “Buy” Rating at DZ Bank AG
Deutsche Telekom AG (OTCMKTS:DTEGY)‘s stock had its “buy” rating reaffirmed by analysts at DZ Bank AG in a report released on Tuesday.
Several other equities research analysts have also recently commented on DTEGY. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Deutsche Telekom AG in a research note on Thursday, October 13th. Bank of America Corp. reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Thursday, September 29th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Friday, September 2nd. Finally, HSBC reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Monday, August 8th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $20.00.
Deutsche Telekom AG (OTCMKTS:DTEGY) traded up 1.40% on Tuesday, reaching $15.98. The company had a trading volume of 51,802 shares. The firm has a 50 day moving average price of $16.48 and a 200-day moving average price of $16.98. The stock has a market capitalization of $73.46 billion, a price-to-earnings ratio of 12.02 and a beta of 0.94. Deutsche Telekom AG has a 12 month low of $15.22 and a 12 month high of $18.93.
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Deutsche Telekom AG Company Profile
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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