Short Interest in Deutsche Telekom AG (OTCMKTS:DTEGY) Drops By 19.0%

Deutsche Telekom AG (OTCMKTS:DTEGYGet Rating) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 6,400 shares, a decrease of 19.0% from the October 15th total of 7,900 shares. Based on an average daily volume of 1,011,900 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Several equities analysts recently commented on DTEGY shares. UBS Group upped their price target on shares of Deutsche Telekom from €26.00 ($26.00) to €27.00 ($27.00) and gave the stock a “buy” rating in a research report on Wednesday, November 2nd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Deutsche Telekom to €29.50 ($29.50) in a research note on Friday, September 9th. JPMorgan Chase & Co. decreased their price objective on shares of Deutsche Telekom from €28.50 ($28.50) to €27.50 ($27.50) in a research note on Thursday, October 20th. Kepler Capital Markets started coverage on shares of Deutsche Telekom in a research note on Monday, August 1st. They set a “buy” rating for the company. Finally, Morgan Stanley boosted their price objective on shares of Deutsche Telekom from €26.00 ($26.00) to €28.00 ($28.00) in a research note on Monday, November 7th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Deutsche Telekom has a consensus rating of “Buy” and an average price target of $28.00.

Deutsche Telekom Price Performance

Shares of DTEGY stock opened at $19.55 on Monday. The company has a market capitalization of $93.09 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 1.22 and a beta of 0.55. The firm has a fifty day simple moving average of $18.42 and a 200-day simple moving average of $18.97. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 1.16. Deutsche Telekom has a twelve month low of $16.32 and a twelve month high of $20.75.

Deutsche Telekom (OTCMKTS:DTEGYGet Rating) last posted its quarterly earnings data on Thursday, November 10th. The utilities provider reported $0.49 EPS for the quarter. Deutsche Telekom had a net margin of 6.56% and a return on equity of 9.30%. The firm had revenue of $29.21 billion for the quarter. Equities research analysts anticipate that Deutsche Telekom will post 1.47 earnings per share for the current fiscal year.

About Deutsche Telekom

(Get Rating)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. 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.

Read More

Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.