Deutsche Telekom AG (OTCMKTS:DTEGY) Receives Consensus Rating of “Buy” From Brokerages

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Shares of Deutsche Telekom AG (OTCMKTS:DTEGYGet Rating) have been given an average recommendation of “Buy” by the nine analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $26.50.

Several research analysts have recently weighed in on DTEGY shares. Deutsche Bank Aktiengesellschaft increased their price target on Deutsche Telekom from €26.00 ($27.66) to €26.50 ($28.19) in a research note on Wednesday, April 6th. JPMorgan Chase & Co. upped their price target on shares of Deutsche Telekom from €26.50 ($28.19) to €27.00 ($28.72) and gave the company an “overweight” rating in a research note on Wednesday, May 4th. UBS Group lifted their price objective on shares of Deutsche Telekom from €25.20 ($26.81) to €26.00 ($27.66) and gave the company a “buy” rating in a research note on Monday, May 16th. Morgan Stanley initiated coverage on Deutsche Telekom in a research report on Friday, April 8th. They issued an “overweight” rating for the company. Finally, Zacks Investment Research cut Deutsche Telekom from a “hold” rating to a “sell” rating in a report on Friday.

Deutsche Telekom stock opened at $19.76 on Tuesday. The stock has a market cap of $94.09 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.16 and a beta of 0.56. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 1.22. The company’s 50 day moving average price is $18.70 and its two-hundred day moving average price is $18.59. Deutsche Telekom has a 52 week low of $16.32 and a 52 week high of $22.23.

Deutsche Telekom (OTCMKTS:DTEGYGet Rating) last announced its earnings results on Thursday, February 24th. The utilities provider reported $0.29 earnings per share (EPS) for the quarter. The firm had revenue of $33.09 billion during the quarter. Deutsche Telekom had a return on equity of 8.53% and a net margin of 6.46%. On average, equities analysts anticipate that Deutsche Telekom will post 1.36 EPS for the current year.

The firm also recently declared a dividend, which was paid on Tuesday, April 19th. Shareholders of record on Monday, April 11th were issued a $0.6704 dividend. The ex-dividend date of this dividend was Friday, April 8th. This represents a dividend yield of 3.5%. Deutsche Telekom’s payout ratio is currently 38.82%.

About Deutsche Telekom (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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