Shares of Deutsche Telekom AG (NASDAQ:DTEGY) have received a consensus rating of “Buy” from the eight research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company.

DTEGY has been the subject of several research analyst reports. Kepler Capital Markets upgraded Deutsche Telekom AG from a “hold” rating to a “buy” rating in a report on Wednesday, September 20th. Zacks Investment Research upgraded Deutsche Telekom AG from a “sell” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, July 25th.

Deutsche Telekom AG (NASDAQ DTEGY) opened at $18.18 on Friday. Deutsche Telekom AG has a 1-year low of $15.19 and a 1-year high of $20.26.

Deutsche Telekom AG (NASDAQ:DTEGY) last released its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.07). The firm had revenue of $19.58 billion for the quarter. Deutsche Telekom AG had a net margin of 6.30% and a return on equity of 11.81%.

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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.

Analyst Recommendations for Deutsche Telekom AG (NASDAQ:DTEGY)

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