Deutsche Telekom (OTCMKTS:DTEGY) Raised to “Buy” at Erste Group Bank

Deutsche Telekom (OTCMKTS:DTEGY) was upgraded by analysts at Erste Group Bank from a “hold” rating to a “buy” rating in a report issued on Wednesday, Marketbeat Ratings reports.

Deutsche Telekom Stock Up 0.4%

OTCMKTS DTEGY opened at $38.34 on Wednesday. The stock has a fifty day moving average of $33.55 and a 200-day moving average of $33.79. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.93 and a current ratio of 1.00. The stock has a market capitalization of $188.06 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 1.39 and a beta of 0.43. Deutsche Telekom has a 52 week low of $30.31 and a 52 week high of $39.64.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.