Citigroup upgraded shares of Deutsche Telekom (OTCMKTS:DTEGY – Free Report) to a strong-buy rating in a research note issued to investors on Thursday morning, Zacks.com reports.
A number of other analysts also recently weighed in on the stock. UBS Group downgraded shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 10th. Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th.
Read Our Latest Report on DTEGY
Deutsche Telekom Price Performance
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last released its earnings results on Thursday, August 8th. The utilities provider reported $0.54 EPS for the quarter. Deutsche Telekom had a return on equity of 7.51% and a net margin of 4.48%. The company had revenue of $30.56 billion during the quarter. On average, sell-side analysts forecast that Deutsche Telekom will post 1.96 EPS for the current year.
Deutsche Telekom Company Profile
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.
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