Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $20.00.
A number of brokerages have recently issued reports on DTEGY. Zacks Investment Research upgraded Deutsche Telekom from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. DZ Bank restated a “buy” rating on shares of Deutsche Telekom in a report on Monday, November 6th. Kepler Capital Markets downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Monday, November 6th. UBS Group reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Friday, October 27th. Finally, Oddo Bhf reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Thursday, November 9th.
Deutsche Telekom (OTCMKTS:DTEGY) opened at $18.13 on Tuesday. Deutsche Telekom has a 1-year low of $16.68 and a 1-year high of $20.26. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $86,170.00, a PE ratio of -302.12, a P/E/G ratio of 1.59 and a beta of 0.81.
About Deutsche Telekom
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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