Deutsche Telekom AG (OTCMKTS:DTEGY – Get Rating) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 75,000 shares, a decrease of 27.7% from the June 30th total of 103,700 shares. Based on an average daily volume of 370,200 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

DTEGY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of Deutsche Telekom from €26.00 ($26.53) to €26.50 ($27.04) in a research note on Wednesday, April 6th. UBS Group increased their target price on shares of Deutsche Telekom from €25.20 ($25.71) to €26.00 ($26.53) and gave the stock a "buy" rating in a research note on Monday, May 16th. Morgan Stanley raised their price objective on shares of Deutsche Telekom from €22.00 ($22.45) to €24.00 ($24.49) in a research report on Wednesday, June 15th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Deutsche Telekom from €27.00 ($27.55) to €28.50 ($29.08) and gave the company an "overweight" rating in a research report on Wednesday, June 29th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Deutsche Telekom has an average rating of "Buy" and a consensus target price of $26.25.

Deutsche Telekom Stock Performance

Deutsche Telekom stock opened at $19.07 on Monday. The stock has a market cap of $90.80 billion, a P/E ratio of 11.56, a price-to-earnings-growth ratio of 0.97 and a beta of 0.49. The firm's fifty day moving average price is $19.61 and its 200-day moving average price is $18.98. Deutsche Telekom has a fifty-two week low of $16.32 and a fifty-two week high of $22.23. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.91 and a current ratio of 1.00.

Deutsche Telekom Company Profile

(Get Rating)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. 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.

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