Deutsche Telekom AG (DTEGY) Cut to “Hold” at Kepler Capital Markets

Deutsche Telekom AG (NASDAQ:DTEGY) was downgraded by Kepler Capital Markets from a “buy” rating to a “hold” rating in a research report issued on Monday.

Separately, Zacks Investment Research upgraded shares of Deutsche Telekom AG from a “sell” rating to a “hold” rating in a report on Wednesday, September 20th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $20.00.

Shares of Deutsche Telekom AG (DTEGY) traded down $0.57 during midday trading on Monday, hitting $17.61. 237,437 shares of the stock were exchanged, compared to its average volume of 153,915. Deutsche Telekom AG has a 1-year low of $15.19 and a 1-year high of $20.26.

Deutsche Telekom AG (NASDAQ:DTEGY) last issued its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.07). The firm had revenue of $19.58 billion for the quarter. Deutsche Telekom AG had a return on equity of 11.81% and a net margin of 6.30%.

TRADEMARK VIOLATION WARNING: “Deutsche Telekom AG (DTEGY) Cut to “Hold” at Kepler Capital Markets” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.com-unik.info/2017/11/06/deutsche-telekom-ag-dtegy-downgraded-to-hold-at-kepler-capital-markets.html.

Deutsche Telekom AG Company Profile

Deutsche Telekom AG provides information technology (IT) and telecommunications services. The Company’s operating segments include Germany, consisting of fixed-network and mobile activities in Germany; United States, which consists of mobile activities in the United States market; Europe, consisting of fixed-network and mobile operations of the national companies in various European countries, such as Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, the Netherlands and Austria; Systems Solutions, which operates information and communication technology (ICT) systems for multinational corporations and public sector institutions, and Group Headquarters & Group Services, which consists of the operations of service headquarters and various other subsidiaries of the Company.

Analyst Recommendations for Deutsche Telekom AG (NASDAQ:DTEGY)

What are top analysts saying about Deutsche Telekom AG? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Deutsche Telekom AG and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit