Barclays Upgrades Deutsche Telekom (OTCMKTS:DTEGY) to “Strong-Buy”

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

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

Deutsche Telekom Stock Down 0.2 %

Shares of DTEGY opened at $30.28 on Monday. The company has a 50-day moving average of $29.85 and a two-hundred day moving average of $27.16. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. Deutsche Telekom has a one year low of $22.03 and a one year high of $30.76.

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.