Deutsche Telekom’s (DTEGY) “Buy” Rating Reiterated at DZ Bank

DZ Bank reaffirmed their buy rating on shares of Deutsche Telekom (OTCMKTS:DTEGY) in a research note published on Thursday.

A number of other equities research analysts also recently issued reports on DTEGY. Zacks Investment Research upgraded Deutsche Telekom from a sell rating to a hold rating in a research note on Monday, May 14th. Barclays downgraded Deutsche Telekom from an overweight rating to an equal weight rating in a research note on Monday, March 5th. ValuEngine downgraded Deutsche Telekom from a buy rating to a hold rating in a research note on Monday, April 2nd. Finally, Morgan Stanley upgraded Deutsche Telekom from an equal weight rating to an overweight rating in a research note on Tuesday, March 6th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of Buy and an average target price of $20.00.

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Deutsche Telekom opened at $15.80 on Thursday, according to Marketbeat Ratings. Deutsche Telekom has a one year low of $15.54 and a one year high of $20.26. The stock has a market capitalization of $77.82 billion, a P/E ratio of 16.64 and a beta of 0.68. The company has a quick ratio of 0.67, a current ratio of 0.75 and a debt-to-equity ratio of 1.16.

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.

Analyst Recommendations for Deutsche Telekom (OTCMKTS:DTEGY)

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