Deutsche Telekom AG (DTEGY) Given Buy Rating at Bank of America Corp.
Several other equities research analysts also recently issued reports on DTEGY. Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Deutsche Telekom AG in a research report on Friday, September 2nd. DZ Bank AG reaffirmed a buy rating on shares of Deutsche Telekom AG in a research report on Thursday, August 11th. Finally, HSBC reaffirmed a buy rating on shares of Deutsche Telekom AG in a research report on Monday, August 8th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $20.00.
Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) remained flat at $16.63 during midday trading on Thursday. The stock had a trading volume of 14,189 shares. The company has a market capitalization of $76.45 billion, a price-to-earnings ratio of 12.43 and a beta of 0.96. The company has a 50-day moving average of $16.85 and a 200-day moving average of $17.12. Deutsche Telekom AG has a 1-year low of $15.22 and a 1-year high of $18.93.
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.
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