The Deutsche Telekom AG (DTEGY) Receives Neutral Rating from JPMorgan Chase & Co.

The Deutsche Telekom AG (DTEGY) Receives Neutral Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of Deutsche Telekom AG (OTCMKTS:DTEGY) in a research report sent to investors on Thursday morning.

Several other brokerages have also weighed in on DTEGY. Bank of America Corp. reissued a buy rating on shares of Deutsche Telekom AG in a report on Thursday, September 29th. HSBC reissued a buy rating on shares of Deutsche Telekom AG in a report on Monday, August 8th. DZ Bank AG reissued a buy rating on shares of Deutsche Telekom AG in a report on Thursday, August 11th. Finally, Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Deutsche Telekom AG in a research note on Friday, September 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $20.00.

Shares of Deutsche Telekom AG (OTCMKTS:DTEGY) traded up 0.96% on Thursday, reaching $15.85. The company had a trading volume of 43,330 shares. The company has a 50-day moving average price of $16.55 and a 200-day moving average price of $17.02. Deutsche Telekom AG has a one year low of $15.22 and a one year high of $18.93. The firm has a market cap of $72.86 billion, a P/E ratio of 11.92 and a beta of 0.94.

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