Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Average Rating of “Buy” from Analysts

Deutsche Telekom AG (OTCMKTS:DTEGY) has been assigned an average recommendation of “Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating on the company.

A number of equities research analysts have weighed in on DTEGY shares. Zacks Research downgraded Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. Wall Street Zen cut Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th.

Deutsche Telekom Stock Performance

DTEGY stock opened at $33.78 on Tuesday. The company has a 50-day simple moving average of $35.74 and a 200 day simple moving average of $36.20. The company has a market capitalization of $165.69 billion, a P/E ratio of 12.15, a PEG ratio of 1.35 and a beta of 0.60. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 1.05. Deutsche Telekom has a fifty-two week low of $28.72 and a fifty-two week high of $39.04.

Deutsche Telekom (OTCMKTS:DTEGY) last released its earnings results on Thursday, August 7th. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm had revenue of $33.33 billion for the quarter, compared to analysts’ expectations of $28.76 billion. Deutsche Telekom had a net margin of 10.67% and a return on equity of 10.14%. Sell-side analysts predict that Deutsche Telekom will post 1.86 earnings per share for the current fiscal year.

About Deutsche Telekom

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.