share_log

Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Consensus Recommendation of "Buy" from Brokerages

Defense World ·  Jul 13, 2022 02:11

Deutsche Telekom AG (OTCMKTS:DTEGY – Get Rating) has been given a consensus rating of "Buy" by the eight analysts that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $26.25.

Several research firms have recently commented on DTEGY. Morgan Stanley lifted their price objective on Deutsche Telekom from €22.00 ($22.00) to €24.00 ($24.00) in a report on Wednesday, June 15th. JPMorgan Chase & Co. boosted their price objective on Deutsche Telekom from €27.00 ($27.00) to €28.50 ($28.50) and gave the company an "overweight" rating in a research report on Wednesday, June 29th. UBS Group raised their target price on shares of Deutsche Telekom from €25.20 ($25.20) to €26.00 ($26.00) and gave the stock a "buy" rating in a report on Monday, May 16th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Deutsche Telekom from €26.00 ($26.00) to €26.50 ($26.50) in a report on Wednesday, April 6th.

Get Deutsche Telekom alerts:

Shares of OTCMKTS DTEGY opened at $19.36 on Wednesday. The stock has a market capitalization of $92.18 billion, a P/E ratio of 11.39, a PEG ratio of 1.35 and a beta of 0.54. Deutsche Telekom has a one year low of $16.32 and a one year high of $22.23. The firm's 50 day simple moving average is $19.53 and its two-hundred day simple moving average is $18.92. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.00 and a quick ratio of 0.91.

Deutsche Telekom (OTCMKTS:DTEGY – Get Rating) last released its earnings results on Friday, May 13th. The utilities provider reported $0.50 EPS for the quarter. The company had revenue of $31.44 billion for the quarter, compared to analyst estimates of $29.99 billion. Deutsche Telekom had a net margin of 6.46% and a return on equity of 8.43%. As a group, equities analysts expect that Deutsche Telekom will post 1.4 earnings per share for the current fiscal year.

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.

Featured Articles

  • Get a free copy of the StockNews.com research report on Deutsche Telekom (DTEGY)
  • Is There a Reasonable Price to Buy Stitch Fix Stock?
  • 3 Smid Caps Under $20 Set to Recover
  • Continuining to Assess Tesla's Future As The EV Market Becomes Increasingly Competitive
  • 3 Stocks to Buy Ahead of Q2 Earnings
  • Why a Recession is Good News for Ollie's Stock

Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment