Deutsche Telekom AG (OTCMKTS:DTEGY) Given Consensus Rating of “Strong Buy” by Brokerages

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have been assigned a consensus rating of “Strong Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company.

DTEGY has been the subject of a number of recent analyst reports. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Hsbc Global Res downgraded Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Finally, Barclays upgraded Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th.

Deutsche Telekom Stock Up 3.8 %

DTEGY opened at $36.97 on Friday. Deutsche Telekom has a fifty-two week low of $22.03 and a fifty-two week high of $37.74. The business has a 50-day moving average of $33.30 and a 200-day moving average of $31.17. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08. The company has a market capitalization of $184.35 billion, a PE ratio of 15.15, a price-to-earnings-growth ratio of 1.35 and a beta of 0.77.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.51 EPS for the quarter. The company had revenue of $33 billion for the quarter. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%. Equities research analysts forecast that Deutsche Telekom will post 1.86 EPS for the current fiscal 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.