Deutsche Telekom AG (DTEGY) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have earned a consensus recommendation of “Buy” from the nine ratings firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.
A number of equities analysts have recently issued reports on the stock. ValuEngine raised shares of Deutsche Telekom from a “sell” rating to a “hold” rating in a research report on Wednesday, October 17th. Citigroup upgraded shares of Deutsche Telekom from a “neutral” rating to a “buy” rating in a report on Friday, July 27th. Zacks Investment Research lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Tuesday, July 10th. Finally, Bank of America upgraded shares of Deutsche Telekom from a “neutral” rating to a “buy” rating in a report on Thursday, August 30th.
DTEGY traded down $0.26 during trading on Friday, reaching $16.12. 119,079 shares of the stock traded hands, compared to its average volume of 161,701. The company has a current ratio of 0.86, a quick ratio of 0.79 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $75.37 billion, a P/E ratio of 11.04 and a beta of 0.66. Deutsche Telekom has a 12 month low of $15.03 and a 12 month high of $18.45.
Deutsche Telekom Company Profile
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.
Further Reading: Book Value Per Share – BVPS
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