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

Deutsche Telekom (OTCMKTS:DTEGY) was upgraded by equities research analysts at Barclays to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

DTEGY has been the subject of several other research reports. Berenberg Bank upgraded shares of 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 research report on Thursday, October 17th. Finally, UBS Group cut shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th.

Deutsche Telekom Stock Down 0.2 %

DTEGY opened at $30.28 on Monday. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 1.06. Deutsche Telekom has a 12 month low of $22.03 and a 12 month high of $30.76. The firm’s fifty day simple moving average is $29.85 and its 200 day simple moving average is $27.16.

About Deutsche Telekom

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.