Deutsche Telekom AG’s (DTEGY) Buy Rating Reiterated at DZ Bank AG
Deutsche Telekom AG (OTCMKTS:DTEGY)‘s stock had its “buy” rating reissued by equities researchers at DZ Bank AG in a report released on Tuesday.
Several other research analysts also recently commented on DTEGY. HSBC reaffirmed a “buy” rating on shares of Deutsche Telekom AG in a report on Monday, August 8th. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note on Friday, September 2nd. Bank of America Corp. reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note on Thursday, September 29th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Deutsche Telekom AG in a research note on Thursday, October 13th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $20.00.
Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) traded up 1.40% during mid-day trading on Tuesday, hitting $15.98. 49,884 shares of the company traded hands. Deutsche Telekom AG has a 1-year low of $15.22 and a 1-year high of $18.93. The firm’s 50 day moving average price is $16.48 and its 200-day moving average price is $16.98. The stock has a market capitalization of $73.46 billion, a PE ratio of 12.02 and a beta of 0.94.
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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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