Deutsche Telekom AG (DTEGY) Given Consensus Recommendation of “Buy” by Analysts
Shares of Deutsche Telekom AG (NASDAQ:DTEGY) have received an average recommendation of “Buy” from the eight analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company.
A number of equities analysts have recently weighed in on DTEGY shares. Zacks Investment Research downgraded Deutsche Telekom AG from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Kepler Capital Markets upgraded Deutsche Telekom AG from a “hold” rating to a “buy” rating in a research note on Wednesday, September 20th.
Shares of Deutsche Telekom AG (DTEGY) opened at 18.46 on Wednesday. The firm has a market capitalization of $86.19 billion and a PE ratio of 130.00. Deutsche Telekom AG has a 52-week low of $15.19 and a 52-week high of $20.26. The stock has a 50 day moving average price of $18.26 and a 200-day moving average price of $18.30.
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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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