Deutsche Telekom AG (OTCMKTS:DTEGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Deutsche Telekom AG (OTCMKTS:DTEGY) has earned a consensus recommendation of “Moderate Buy” from the four research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Separately, Erste Group Bank raised Deutsche Telekom from a “hold” rating to a “buy” rating in a report on Wednesday.

Deutsche Telekom Price Performance

Shares of Deutsche Telekom stock traded down $0.75 on Wednesday, hitting $38.81. The company’s stock had a trading volume of 101,069 shares, compared to its average volume of 425,355. The firm has a fifty day moving average price of $33.28 and a 200-day moving average price of $33.72. The company has a market capitalization of $190.37 billion, a P/E ratio of 14.37, a price-to-earnings-growth ratio of 1.40 and a beta of 0.43. Deutsche Telekom has a 52-week low of $30.31 and a 52-week high of $39.64. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 1.04.

About Deutsche Telekom

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.