Deutsche Telekom AG’s (DTEGY) Buy Rating Reiterated at DZ Bank AG
Deutsche Telekom AG (OTCMKTS:DTEGY)‘s stock had its “buy” rating reiterated by equities researchers at DZ Bank AG in a report released on Tuesday.
Several other research analysts also recently commented on DTEGY. HSBC restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Monday, August 8th. Goldman Sachs Group Inc. restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Friday, September 2nd. Bank of America Corp. restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Thursday, September 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Deutsche Telekom AG in a research note on Thursday, October 13th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Deutsche Telekom AG currently has an average rating of “Buy” and an average price target of $20.00.
Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) traded up 1.40% during mid-day trading on Tuesday, reaching $15.98. The company had a trading volume of 49,884 shares. The stock has a 50 day moving average of $16.48 and a 200-day moving average of $16.98. Deutsche Telekom AG has a one year low of $15.22 and a one year high of $18.93. The firm has a market capitalization of $73.46 billion, a price-to-earnings ratio of 12.02 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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