Deutsche Telekom (OTCMKTS:DTEGY) Raised to Strong-Buy at Barclays

Barclays upgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) to a strong-buy rating in a report released on Monday,Zacks.com reports.

A number of other research firms have also recently weighed in on DTEGY. Citigroup raised shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th. Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, UBS Group cut Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th.

Deutsche Telekom Stock Performance

DTEGY stock opened at $30.40 on Monday. The firm has a 50-day moving average price of $29.88 and a 200-day moving average price of $27.19. Deutsche Telekom has a 12 month low of $22.03 and a 12 month high of $30.76. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93.

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.