Deutsche Telekom AG (OTCMKTS:DTEGY) Given Average Rating of “Strong Buy” by Analysts

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have received a consensus recommendation of “Strong Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, one has assigned a buy rating and four have issued a strong buy rating on the company.

Several research firms have recently weighed in on DTEGY. Wall Street Zen raised shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a report on Friday, June 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Telekom in a report on Wednesday, May 14th.

Deutsche Telekom Stock Performance

DTEGY opened at $36.38 on Monday. The stock’s 50 day simple moving average is $36.46 and its 200-day simple moving average is $36.00. The company has a current ratio of 1.23, a quick ratio of 1.16 and a debt-to-equity ratio of 1.05. The stock has a market cap of $181.41 billion, a PE ratio of 13.89, a P/E/G ratio of 1.48 and a beta of 0.61. Deutsche Telekom has a 1 year low of $25.88 and a 1 year high of $39.04.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Thursday, May 15th. The utilities provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $33.37 billion during the quarter, compared to the consensus estimate of $29.43 billion. Deutsche Telekom had a net margin of 10.26% and a return on equity of 10.03%. Sell-side analysts forecast that Deutsche Telekom will post 1.86 EPS for the current 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.