Deutsche Telekom AG (DTEGY) Cut to Sell at Zacks Investment Research
According to Zacks, “Deutsche Telekom is Europe’s largest communications company and one of the largest communications carriers worldwide. Through T-Mobile, Deutsche Telekom’s mobile telephony subsidiary, and through other subsidiaries and investments, Deutsche Telekom serves mobile telephony customers worldwide. Deutsche Telekom offers its customers a complete range of fixed-line voice telephony products and services. “
Separately, Jefferies Group cut Deutsche Telekom AG from a hold rating to an underperform rating in a report on Thursday, June 16th.
Deutsche Telekom AG (NASDAQ:DTEGY) opened at 17.14 on Monday. The stock’s 50 day moving average is $16.90 and its 200 day moving average is $17.13. The company has a market capitalization of $78.79 billion and a PE ratio of 12.79. Deutsche Telekom AG has a 52 week low of $15.22 and a 52 week high of $18.93.
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