Citigroup upgraded shares of Deutsche Telekom (OTCMKTS:DTEGY - Free Report) to a strong-buy rating in a research note issued to investors on Thursday, Zacks.com reports.
Other equities analysts have also issued research reports about the stock. UBS Group lowered shares of Deutsche Telekom from a "buy" rating to a "neutral" rating in a research report on Tuesday, September 10th. Berenberg Bank upgraded Deutsche Telekom to a "strong-buy" rating in a report on Thursday, September 19th.
Get Our Latest Stock Report on DTEGY
Deutsche Telekom Stock Performance
Deutsche Telekom stock traded up $0.17 during mid-day trading on Thursday, reaching $30.67. The company's stock had a trading volume of 320,174 shares, compared to its average volume of 316,192. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. Deutsche Telekom has a twelve month low of $21.18 and a twelve month high of $30.73. The business has a 50 day moving average price of $28.92 and a 200-day moving average price of $26.04. The firm has a market cap of $152.93 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.25 and a beta of 0.71.
Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last issued its earnings results on Thursday, August 8th. The utilities provider reported $0.54 EPS for the quarter. Deutsche Telekom had a return on equity of 7.51% and a net margin of 4.48%. The company had revenue of $30.56 billion during the quarter. Sell-side analysts predict that Deutsche Telekom will post 1.96 EPS for the current fiscal year.
About Deutsche Telekom
(
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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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