Brokerages Set Deutsche Telekom AG (DTEGY) PT at $20.00

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) have been assigned a consensus recommendation of “Buy” from the ten analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $20.00.

Several analysts have recently issued reports on the company. Zacks Investment Research upgraded Deutsche Telekom AG from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note on Monday, July 31st. Kepler Capital Markets upgraded Deutsche Telekom AG from a “hold” rating to a “buy” rating in a research note on Wednesday, September 20th. Oddo Bhf reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note on Thursday, November 9th. Finally, DZ Bank AG reiterated a “buy” rating on shares of Deutsche Telekom AG in a research note on Thursday, July 20th.

Deutsche Telekom AG (OTCMKTS:DTEGY) traded up $0.05 on Thursday, hitting $17.65. The stock had a trading volume of 248,846 shares, compared to its average volume of 164,515. Deutsche Telekom AG has a 52 week low of $15.19 and a 52 week high of $20.26.

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Deutsche Telekom AG Company Profile

Deutsche Telekom AG provides information technology (IT) and telecommunications services. The Company’s operating segments include Germany, consisting of fixed-network and mobile activities in Germany; United States, which consists of mobile activities in the United States market; Europe, consisting of fixed-network and mobile operations of the national companies in various European countries, such as Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, the Netherlands and Austria; Systems Solutions, which operates information and communication technology (ICT) systems for multinational corporations and public sector institutions, and Group Headquarters & Group Services, which consists of the operations of service headquarters and various other subsidiaries of the Company.

Analyst Recommendations for Deutsche Telekom AG (OTCMKTS:DTEGY)

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