Jefferies Group Weighs in on Deutsche Telekom AG’s FY2019 Earnings (OTCMKTS:DTEGY)

Deutsche Telekom AG (OTCMKTS:DTEGY) – Investment analysts at Jefferies Group issued their FY2019 earnings per share estimates for shares of Deutsche Telekom in a research note issued to investors on Tuesday, according to Zacks Investment Research. Jefferies Group analyst U. Rathe forecasts that the utilities provider will post earnings of $1.35 per share for the year.

A number of other research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. DZ Bank reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Monday, November 6th. UBS Group reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Friday, October 27th. Oddo Bhf reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Thursday, November 9th. Finally, Kepler Capital Markets downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Monday, November 6th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Deutsche Telekom currently has a consensus rating of “Buy” and an average price target of $37.50.

Deutsche Telekom (DTEGY) opened at $17.61 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 1.26. The company has a market cap of $81,471.63, a PE ratio of -293.37, a price-to-earnings-growth ratio of 1.57 and a beta of 0.71. Deutsche Telekom has a 12-month low of $16.68 and a 12-month high of $20.26.

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About Deutsche Telekom

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.

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