Deutsche Telekom (OTCMKTS:DTEGY) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Tuesday, March 6th, Marketbeat.com reports.
Several other equities analysts have also recently commented on DTEGY. DZ Bank restated a “buy” rating on shares of Deutsche Telekom in a report on Monday, November 6th. Kepler Capital Markets cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Monday, November 6th. Oddo Bhf restated a “buy” rating on shares of Deutsche Telekom in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Deutsche Telekom from a “sell” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Friday, November 10th. Finally, ValuEngine upgraded shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $37.50.
DTEGY stock opened at $16.19 on Tuesday. Deutsche Telekom has a 52-week low of $15.54 and a 52-week high of $20.26. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a market cap of $76,935.04, a P/E ratio of -269.79, a price-to-earnings-growth ratio of 13.07 and a beta of 0.71.
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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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