Deutsche Telekom’s (DTEGY) “Sell” Rating Reiterated at Berenberg Bank
Berenberg Bank reaffirmed their sell rating on shares of Deutsche Telekom (OTCMKTS:DTEGY) in a report published on Monday morning, AnalystRatings.com reports. They currently have a $12.70 price objective on the utilities provider’s stock.
Other equities analysts have also recently issued reports about the company. Zacks Investment Research raised Flagstar Bancorp from a hold rating to a buy rating and set a $38.00 price target on the stock in a research note on Monday, July 8th. Credit Suisse Group set a GBX 6,350 ($82.97) price target on AstraZeneca and gave the stock a buy rating in a research note on Friday, March 29th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Deutsche Telekom has a consensus rating of Hold and an average target price of $15.85.
Shares of Deutsche Telekom stock opened at $16.56 on Monday. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.54. The stock has a 50 day moving average of $17.23. The stock has a market cap of $80.28 billion, a PE ratio of 14.65, a P/E/G ratio of 1.83 and a beta of 0.32. Deutsche Telekom has a one year low of $15.51 and a one year high of $17.95.
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.
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