Deutsche Telekom AG Expected to Earn FY2019 Earnings of $1.35 Per Share (DTEGY)
Deutsche Telekom AG (OTCMKTS:DTEGY) – Investment analysts at Jefferies Group issued their FY2019 EPS estimates for Deutsche Telekom in a report issued on Tuesday. Jefferies Group analyst U. Rathe anticipates that the utilities provider will post earnings of $1.35 per share for the year.
Several other analysts have also recently commented on DTEGY. Zacks Investment Research raised shares of Deutsche Telekom from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. Kepler Capital Markets raised shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, September 20th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Deutsche Telekom in a research note on Monday, November 6th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Deutsche Telekom presently has an average rating of “Buy” and a consensus price target of $37.50.
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About Deutsche Telekom
Deutsche Telekom AG provides information technology (IT) and telecommunications services. The Company’s operating segments include Germany, consisting of fixed-network and mobile activities in Germany; United States, which consists of mobile activities in the United States market; Europe, consisting of fixed-network and mobile operations of the national companies in various European countries, such as Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, the Netherlands and Austria; Systems Solutions, which operates information and communication technology (ICT) systems for multinational corporations and public sector institutions, and Group Headquarters & Group Services, which consists of the operations of service headquarters and various other subsidiaries of the Company.
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