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

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

DTEGY has been the topic of a number of other research reports. UBS Group cut shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a report 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 Trading Down 0.2 %

DTEGY opened at $30.28 on Monday. Deutsche Telekom has a 1 year low of $22.03 and a 1 year high of $30.76. The stock has a 50-day moving average price of $29.85 and a 200-day moving average price of $27.16. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 1.06.

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.