Shares of Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) gapped down before the market opened on Thursday after Kepler Capital Markets downgraded the stock from a buy rating to a hold rating. The stock had previously closed at $33.75, but opened at $32.56. Deutsche Telekom shares last traded at $32.58, with a volume of 12,598 shares changing hands.
DTEGY has been the subject of several other research reports. Zacks Research upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a report on Tuesday, July 21st. Finally, Erste Group Bank lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on DTEGY
Deutsche Telekom Trading Down 3.0%
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last released its earnings results on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The business had revenue of $34.53 billion for the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, equities research analysts predict that Deutsche Telekom AG will post 2.63 earnings per share for the current year.
About Deutsche Telekom
Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.
Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.
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