Deutsche Telekom (OTCMKTS:DTEGY) Upgraded to Buy at Erste Group Bank

Erste Group Bank upgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) from a hold rating to a buy rating in a report issued on Wednesday, MarketBeat Ratings reports.

Deutsche Telekom Stock Performance

DTEGY stock opened at $38.20 on Wednesday. Deutsche Telekom has a 1-year low of $30.31 and a 1-year high of $39.64. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 1.04. The firm has a market cap of $187.36 billion, a PE ratio of 14.15, a P/E/G ratio of 1.44 and a beta of 0.43. The business’s 50-day moving average price is $33.42 and its two-hundred day moving average price is $33.75.

About Deutsche Telekom

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.