Deutsche Telekom AG (DTEGY) Receives $20.00 Average Target Price from Analysts
Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have earned an average rating of “Buy” from the seven analysts that are currently covering the company. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $20.00.
Several research analysts have commented on DTEGY shares. DZ Bank AG reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Thursday, August 11th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Friday, September 2nd. HSBC reissued a “buy” rating on shares of Deutsche Telekom AG in a report on Monday, August 8th. Finally, Bank of America Corp. reaffirmed a “buy” rating on shares of Deutsche Telekom AG in a report on Thursday, September 29th.
Deutsche Telekom AG (OTCMKTS:DTEGY) opened at 15.805 on Monday. Deutsche Telekom AG has a 12-month low of $15.22 and a 12-month high of $18.93. The company has a market capitalization of $72.66 billion, a price-to-earnings ratio of 11.821 and a beta of 0.94. The stock has a 50 day moving average price of $16.58 and a 200-day moving average price of $17.03.
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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