Deutsche Telekom AG (DTEGY) – What Are Investment Firms Thinking About This Stock?

Deutsche Telekom AG (OTCMKTS:DTEGY) has been assigned an average rating of “Hold” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several analysts recently commented on the stock. Deutsche Bank reissued a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. Kepler Capital Markets cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Thursday, August 27th. Sanford C. Bernstein downgraded shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 24th. Finally, Zacks Research cut shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th.

Deutsche Telekom Stock Up 0.3%

Shares of OTCMKTS DTEGY traded up $0.08 during trading on Tuesday, reaching $29.19. The company had a trading volume of 510,863 shares, compared to its average volume of 901,556. Deutsche Telekom has a 12-month low of $26.90 and a 12-month high of $40.58. The stock has a market cap of $139.60 billion, a PE ratio of 13.51, a P/E/G ratio of 0.78 and a beta of 0.39. The business’s 50-day moving average is $29.93 and its 200 day moving average is $32.84. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 1.14.

About Deutsche Telekom

Deutsche Telekom is a telecommunications and technology company headquartered in Bonn, Germany. Established in 1995 following the privatization of Germany’s state-owned postal and telecommunications services, it provides mobile and fixed-line communications, broadband internet, television, and digital services. The company serves consumers and businesses in Germany and other European markets, and has a major presence in the United States through T-Mobile US. Its offerings include mobile voice and data plans, fiber and other fixed-network connections, and information technology and communications solutions for business customers.