Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Consensus Rating of “Buy” from Brokerages

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have earned an average rating of “Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and three have issued a strong buy recommendation on the company.

A number of brokerages recently issued reports on DTEGY. Zacks Research cut shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. Wall Street Zen lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Sunday, August 10th.

Deutsche Telekom Trading Down 0.7%

DTEGY opened at $33.33 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 1.05. The stock has a market cap of $163.49 billion, a PE ratio of 11.99, a PEG ratio of 1.36 and a beta of 0.60. The business has a 50 day moving average of $35.81 and a 200-day moving average of $36.24. Deutsche Telekom has a 52 week low of $28.72 and a 52 week high of $39.04.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, August 7th. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The business had revenue of $33.33 billion during the quarter, compared to analyst estimates of $28.76 billion. Deutsche Telekom had a return on equity of 10.14% and a net margin of 10.67%. Equities research analysts predict that Deutsche Telekom will post 1.86 earnings per share for the current fiscal 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.