Deutsche Telekom (OTCMKTS:DTEGY) Stock Rating Upgraded by Barclays

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

DTEGY has been the subject of several other reports. UBS Group lowered Deutsche Telekom from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 10th. Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, Citigroup upgraded Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th.

Deutsche Telekom Stock Performance

Deutsche Telekom stock opened at $30.43 on Monday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93. The stock has a fifty day moving average price of $29.90 and a two-hundred day moving average price of $27.21. Deutsche Telekom has a 52-week low of $22.03 and a 52-week high of $30.76. The firm has a market capitalization of $151.74 billion, a P/E ratio of 17.40, a P/E/G ratio of 1.50 and a beta of 0.70.

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.