Deutsche Telekom AG (OTCMKTS:DTEGY) has been given an average recommendation of “Buy” by the ten research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $20.00.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Deutsche Telekom AG from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Kepler Capital Markets upgraded shares of Deutsche Telekom AG from a “hold” rating to a “buy” rating in a research report on Wednesday, September 20th. Finally, DZ Bank AG restated a “buy” rating on shares of Deutsche Telekom AG in a research report on Monday, November 6th.

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Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) traded up $0.05 during midday trading on Thursday, hitting $17.65. 248,846 shares of the stock traded hands, compared to its average volume of 164,515. Deutsche Telekom AG has a 1-year low of $15.19 and a 1-year high of $20.26.

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.

Analyst Recommendations for Deutsche Telekom AG (OTCMKTS:DTEGY)

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