Deutsche Telekom (OTCMKTS:DTEGY) Upgraded at Citigroup

Citigroup upgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) to a strong-buy rating in a research note published on Thursday, Zacks.com reports.

DTEGY has been the subject of a number of other reports. Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th. UBS Group lowered Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th.

Deutsche Telekom Stock Performance

Shares of DTEGY opened at $30.67 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93. The stock has a market capitalization of $152.93 billion, a PE ratio of 17.52, a price-to-earnings-growth ratio of 1.25 and a beta of 0.71. Deutsche Telekom has a 12-month low of $21.18 and a 12-month high of $30.73. The business’s fifty day moving average price is $28.92 and its 200 day moving average price is $26.04.

Deutsche Telekom (OTCMKTS:DTEGY) last released its earnings results on Thursday, August 8th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter. The firm had revenue of $30.56 billion for the quarter. Deutsche Telekom had a return on equity of 7.51% and a net margin of 4.48%. Equities research analysts forecast that Deutsche Telekom will post 1.96 EPS for the current year.

Deutsche Telekom Company Profile

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.