Deutsche Telekom AG (OTCMKTS:DTEGY) Given Average Recommendation of “Buy” by Brokerages

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have been assigned a consensus rating of “Buy” from the five ratings firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating on the company.

Several analysts have recently commented on DTEGY shares. Wall Street Zen downgraded Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Zacks Research lowered Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th.

Deutsche Telekom Stock Performance

OTCMKTS:DTEGY opened at $35.00 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 1.05. Deutsche Telekom has a twelve month low of $29.29 and a twelve month high of $39.04. The company has a fifty day moving average of $35.19 and a 200-day moving average of $35.96. The firm has a market capitalization of $171.70 billion, a P/E ratio of 12.59, a P/E/G ratio of 1.60 and a beta of 0.57.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. Deutsche Telekom had a net margin of 10.67% and a return on equity of 10.14%. The business had revenue of $33.33 billion during the quarter, compared to analysts’ expectations of $28.76 billion. As a group, sell-side analysts anticipate 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.