Deutsche Telekom (OTCMKTS:DTEGY) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of Deutsche Telekom (OTCMKTS:DTEGY) from a buy rating to a hold rating in a report released on Thursday morning.

Several other analysts have also recently commented on DTEGY. Erste Group Bank upgraded shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Zacks Research downgraded shares of Deutsche Telekom from a “hold” rating to a “strong sell” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Deutsche Telekom has an average rating of “Hold”.

Deutsche Telekom Trading Down 0.2%

OTCMKTS:DTEGY opened at $37.66 on Thursday. The stock has a market cap of $184.73 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.02 and a beta of 0.40. Deutsche Telekom has a fifty-two week low of $30.31 and a fifty-two week high of $40.58. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.00 and a quick ratio of 0.93. The stock’s 50-day moving average is $35.47 and its two-hundred day moving average is $34.06.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.