Analysts Set Deutsche Telekom AG (DTEGY) Price Target at $20.00
Deutsche Telekom AG (OTCMKTS:DTEGY) has been assigned a consensus recommendation of “Buy” from the seven analysts that are presently covering the stock. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $20.00.
Several analysts have recently commented on the company. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Friday, September 2nd. DZ Bank AG reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Thursday, August 11th. HSBC reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Monday, August 8th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Deutsche Telekom AG in a research note on Thursday, October 13th. Finally, Bank of America Corp. reissued a “buy” rating on shares of Deutsche Telekom AG in a research note on Thursday, September 29th.
Deutsche Telekom AG (OTCMKTS:DTEGY) opened at 15.22 on Monday. The stock’s 50 day moving average price is $16.01 and its 200 day moving average price is $16.71. The company has a market capitalization of $70.24 billion, a P/E ratio of 11.12 and a beta of 0.97. Deutsche Telekom AG has a 52 week low of $15.19 and a 52 week high of $18.50.
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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