Deutsche Telekom AG (OTCMKTS:DTEGY) Given Consensus Recommendation of "Buy" by Analysts

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) have been assigned a consensus recommendation of "Buy" from the five ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

DTEGY has been the topic of several analyst reports. Zacks Research lowered Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Wall Street Zen lowered Deutsche Telekom from a "buy" rating to a "hold" rating in a report on Sunday, August 10th.

Deutsche Telekom Stock Up 1.3%

DTEGY stock opened at $34.91 on Friday. Deutsche Telekom has a fifty-two week low of $29.29 and a fifty-two week high of $39.04. The stock has a market capitalization of $171.24 billion, a P/E ratio of 12.56, a P/E/G ratio of 1.39 and a beta of 0.57. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.12 and a quick ratio of 1.06. The business has a 50-day moving average of $35.18 and a 200-day moving average of $35.98.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last released its earnings results on Thursday, August 7th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. Deutsche Telekom had a return on equity of 10.14% and a net margin of 10.67%.The business had revenue of $33.33 billion for the quarter, compared to analyst estimates of $28.76 billion. On average, sell-side analysts anticipate that Deutsche Telekom will post 1.86 earnings per share for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. 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.

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