Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Consensus Recommendation of “Strong Buy” from Analysts

Deutsche Telekom AG (OTCMKTS:DTEGY) has been given a consensus recommendation of “Strong Buy” by the five brokerages that are presently covering the firm, Marketbeat reports. One investment 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 several research analyst reports. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research report on Monday, November 18th. Finally, Hsbc Global Res cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Wednesday.

Deutsche Telekom Trading Down 3.6 %

OTCMKTS DTEGY opened at $35.60 on Friday. Deutsche Telekom has a 1 year low of $22.03 and a 1 year high of $37.74. 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 $177.52 billion, a PE ratio of 14.59, a P/E/G ratio of 1.35 and a beta of 0.77. The company has a fifty day moving average of $33.17 and a 200 day moving average of $31.07.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its earnings results on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share for the quarter. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. The firm had revenue of $33 billion during the quarter. Research analysts forecast that Deutsche Telekom will post 1.86 earnings per share 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.