Deutsche Telekom AG (OTCMKTS:DTEGY) Stock Rated “Hold” by Sell-Side Analysts

Deutsche Telekom AG (OTCMKTS:DTEGY) has received an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

DTEGY has been the subject of several recent analyst reports. Sanford C. Bernstein cut shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Citigroup reissued a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Kepler Capital Markets cut Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, Zacks Research cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th.

Deutsche Telekom Trading Up 1.4%

OTCMKTS DTEGY opened at $29.27 on Tuesday. Deutsche Telekom has a 52 week low of $26.90 and a 52 week high of $40.58. The firm has a 50 day moving average of $30.28 and a two-hundred day moving average of $32.90. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $139.99 billion, a PE ratio of 13.55, a price-to-earnings-growth ratio of 0.66 and a beta of 0.39.

About Deutsche Telekom

Deutsche Telekom is a telecommunications and technology company headquartered in Bonn, Germany. Established in 1995 following the privatization of Germany’s state-owned postal and telecommunications services, it provides mobile and fixed-line communications, broadband internet, television, and digital services.

The company serves consumers and businesses in Germany and other European markets, and has a major presence in the United States through T-Mobile US. Its offerings include mobile voice and data plans, fiber and other fixed-network connections, and information technology and communications solutions for business customers.

Deutsche Telekom operates under its own brand in Germany and several European countries, while T-Mobile is a prominent brand in the United States.