Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $30.76 and last traded at $30.73, with a volume of 105950 shares changing hands. The stock had previously closed at $30.46.
Analysts Set New Price Targets
Several research firms have recently commented on DTEGY. Berenberg Bank raised Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th. Citigroup raised Deutsche Telekom to a “strong-buy” rating in a report on Thursday, October 17th. Finally, UBS Group downgraded Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th.
View Our Latest Stock Analysis on Deutsche Telekom
Deutsche Telekom Stock Up 0.2 %
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter. Deutsche Telekom had a return on equity of 7.51% and a net margin of 4.48%. The business had revenue of $30.56 billion during the quarter. As a group, sell-side analysts expect that Deutsche Telekom AG will post 1.79 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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