Berenberg Bank restated their sell rating on shares of Deutsche Telekom (OTCMKTS:DTEGY) in a research note issued to investors on Wednesday, July 31st, AnalystRatings.com reports. They currently have a $12.70 price target on the utilities provider’s stock.
Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of Deutsche Telekom from a sell rating to a hold rating in a research note on Tuesday, July 30th. Macquarie lowered Deutsche Telekom from a neutral rating to an underperform rating in a report on Wednesday, July 17th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $15.85.
DTEGY traded down $0.06 on Wednesday, hitting $16.32. 58,500 shares of the company’s stock were exchanged, compared to its average volume of 249,145. Deutsche Telekom has a fifty-two week low of $15.51 and a fifty-two week high of $17.95. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.54. The firm has a 50-day moving average price of $16.60 and a 200-day moving average price of $16.81. The stock has a market cap of $77.71 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 2.39 and a beta of 0.29.
About Deutsche Telekom
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. 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 Article: Google Finance Portfolio
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.