Deutsche Telekom AG (NASDAQ:DTEGY) has been assigned an average rating of “Buy” from the nine research firms that are presently covering the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company.
A number of equities analysts recently weighed in on DTEGY shares. JPMorgan Chase & Co. upgraded shares of Deutsche Telekom AG from a “neutral” rating to an “overweight” rating in a research report on Monday, January 23rd. DZ Bank AG reiterated a “buy” rating on shares of Deutsche Telekom AG in a research report on Thursday, March 2nd. Barclays PLC reiterated a “buy” rating on shares of Deutsche Telekom AG in a research report on Tuesday, January 3rd. Goldman Sachs Group Inc lowered shares of Deutsche Telekom AG from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 10th. Finally, Zacks Investment Research raised Deutsche Telekom AG from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 3rd.
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Deutsche Telekom AG (NASDAQ:DTEGY) traded down 0.241% during midday trading on Thursday, hitting $17.005. 79,672 shares of the stock were exchanged. Deutsche Telekom AG has a 12 month low of $15.19 and a 12 month high of $18.18. The firm’s 50 day moving average price is $17.22 and its 200 day moving average price is $16.73. The company has a market cap of $78.52 billion and a PE ratio of 27.606.
About Deutsche Telekom AG
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.
