DZ Bank AG Reiterates Buy Rating for Deutsche Telekom AG (DTEGY)

DZ Bank AG reissued their buy rating on shares of Deutsche Telekom AG (OTCMKTS:DTEGY) in a research report report published on Monday, November 6th.

A number of other equities analysts also recently commented on DTEGY. Zacks Investment Research raised Deutsche Telekom from a hold rating to a buy rating and set a $20.00 price objective for the company in a research report on Wednesday, September 6th. J P Morgan Chase & Co reissued a buy rating on shares of Deutsche Telekom in a research report on Monday, July 31st. Kepler Capital Markets raised Deutsche Telekom from a hold rating to a buy rating in a research report on Wednesday, September 20th. Finally, UBS AG restated a buy rating on shares of Deutsche Telekom in a research note on Monday, October 2nd. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Deutsche Telekom presently has a consensus rating of Buy and a consensus target price of $37.50.

Deutsche Telekom (OTCMKTS:DTEGY) traded up $0.17 during midday trading on Monday, reaching $17.60. The company’s stock had a trading volume of 39,988 shares, compared to its average volume of 183,567. The firm has a market cap of $81,518.40, a P/E ratio of 17.43, a P/E/G ratio of 2.40 and a beta of 0.73. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.59 and a current ratio of 0.65. Deutsche Telekom has a 52 week low of $15.39 and a 52 week high of $20.26.

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About Deutsche Telekom

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 (OTCMKTS:DTEGY)

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