Deutsche Telekom AG Forecasted to Earn FY2016 Earnings of $0.89 Per Share (DTEGY)

Deutsche Telekom AG (OTC:DTEGY) – Stock analysts at Jefferies Group reduced their FY2016 earnings per share estimates for Deutsche Telekom AG in a research report issued on Monday. Jefferies Group analyst U. Rathe now anticipates that the brokerage will post earnings per share of $0.89 for the year, down from their previous estimate of $0.95. Jefferies Group also issued estimates for Deutsche Telekom AG’s FY2018 earnings at $1.16 EPS.

A number of other equities analysts have also recently issued reports on DTEGY. J P Morgan Chase & Co upgraded Deutsche Telekom AG from a “neutral” rating to an “overweight” rating in a report on Monday, January 23rd. Goldman Sachs Group, Inc. (The) cut Deutsche Telekom AG from a “buy” rating to a “neutral” rating in a report on Tuesday, January 10th.

“Deutsche Telekom AG Forecasted to Earn FY2016 Earnings of $0.89 Per Share (DTEGY)” was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this report on another publication, it was stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this report can be read at https://www.chaffeybreeze.com/2017/02/17/deutsche-telekom-ag-forecasted-to-earn-fy2016-earnings-of-0-89-per-share-dtegy.html.

Deutsche Telekom AG (OTC:DTEGY) opened at 17.00 on Wednesday. Deutsche Telekom AG has a 12 month low of $15.19 and a 12 month high of $18.38. The stock has a market cap of $78.45 billion, a price-to-earnings ratio of 12.84 and a beta of 0.99. The firm’s 50 day moving average price is $17.24 and its 200 day moving average price is $16.62.

“Deutsche Telekom AG Forecasted to Earn FY2016 Earnings of $0.89 Per Share (DTEGY)” was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this report on another publication, it was stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this report can be read at https://www.chaffeybreeze.com/2017/02/17/deutsche-telekom-ag-forecasted-to-earn-fy2016-earnings-of-0-89-per-share-dtegy.html.

About Deutsche Telekom AG

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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