Deutsche Telekom (OTCMKTS:DTEGY) Raised to “Strong-Buy” at Citigroup

Deutsche Telekom (OTCMKTS:DTEGY) was upgraded by research analysts at Citigroup to a “strong-buy” rating in a research report issued to clients and investors on Thursday, Zacks.com reports.

DTEGY has been the subject of several other research reports. Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th. UBS Group lowered shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th.

Deutsche Telekom Price Performance

DTEGY stock opened at $30.67 on Thursday. The company has a market capitalization of $152.93 billion, a PE ratio of 17.52, a price-to-earnings-growth ratio of 1.25 and a beta of 0.71. The company’s fifty day moving average price is $28.92 and its 200-day moving average price is $26.03. Deutsche Telekom has a one year low of $21.18 and a one year high of $30.73. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.99.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.54 EPS for the quarter. The business had revenue of $30.56 billion during the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. On average, equities analysts anticipate that Deutsche Telekom will post 1.96 EPS for the current fiscal year.

About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. 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.