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Deutsche Telekom AG (OTCMKTS:DTEGY) Receives $26.25 Consensus Target Price from Analysts

Financial News Live ·  Jul 16, 2022 03:12

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

DTEGY has been the subject of several research analyst reports. Morgan Stanley raised their price target on shares of Deutsche Telekom from €22.00 ($22.00) to €24.00 ($24.00) in a research note on Wednesday, June 15th. UBS Group raised their price target on shares of Deutsche Telekom from €25.20 ($25.20) to €26.00 ($26.00) and gave the stock a "buy" rating in a research note on Monday, May 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Deutsche Telekom from €26.00 ($26.00) to €26.50 ($26.50) in a research note on Wednesday, April 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of Deutsche Telekom from €27.00 ($27.00) to €28.50 ($28.50) and gave the stock an "overweight" rating in a research note on Wednesday, June 29th.

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Deutsche Telekom Trading Up 1.9 %

OTCMKTS:DTEGY opened at $19.21 on Wednesday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $91.47 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 1.34 and a beta of 0.54. Deutsche Telekom has a 52 week low of $16.32 and a 52 week high of $22.23. The firm has a 50-day moving average price of $19.57 and a two-hundred day moving average price of $18.93.

Deutsche Telekom (OTCMKTS:DTEGY – Get Rating) last posted its quarterly earnings data on Friday, May 13th. The utilities provider reported $0.50 EPS for the quarter. The firm had revenue of $31.44 billion during 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%. On average, equities analysts expect that Deutsche Telekom will post 1.4 earnings per share for the current fiscal year.

About Deutsche Telekom

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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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