JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Deutsche Telekom AG (OTCMKTS:DTEGY) in a report released on Thursday morning.

DTEGY has been the topic of several other reports. Bank of America Corp. reissued a buy rating on shares of Deutsche Telekom AG in a research report on Thursday, September 29th. HSBC reaffirmed a buy rating on shares of Deutsche Telekom AG in a research report on Monday, August 8th. Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Deutsche Telekom AG in a research report on Friday, September 2nd. Finally, DZ Bank AG reaffirmed a buy rating on shares of Deutsche Telekom AG in a research report on Wednesday, July 27th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $20.00.

Deutsche Telekom AG (OTCMKTS:DTEGY) traded up 0.96% during midday trading on Thursday, hitting $15.85. 43,330 shares of the company traded hands. Deutsche Telekom AG has a 12-month low of $15.22 and a 12-month high of $18.93. The stock has a 50 day moving average of $16.55 and a 200 day moving average of $17.02. The stock has a market cap of $72.86 billion, a P/E ratio of 11.92 and a beta of 0.94.

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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