Telecom Italia S.P.A. (OTCMKTS:TIIAY) Given Average Rating of “Buy” by Analysts

Shares of Telecom Italia S.P.A. (OTCMKTS:TIIAY) have been given a consensus recommendation of “Buy” by the six analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company.

Separately, Barclays reissued an “overweight” rating on shares of Telecom Italia in a report on Monday, January 26th.

Telecom Italia Trading Down 0.7%

Telecom Italia stock opened at $6.72 on Monday. Telecom Italia has a 1-year low of $2.66 and a 1-year high of $7.05. The business has a fifty day moving average price of $6.16 and a 200-day moving average price of $5.61. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.84 and a quick ratio of 0.82.

About Telecom Italia

Telecom Italia S.p.A., commonly known by its brand TIM, is Italy’s leading integrated telecommunications operator. The company offers a comprehensive range of fixed?line and mobile voice services, high?speed broadband access, and digital television solutions to residential, corporate and wholesale clients. Telecom Italia designs, builds and manages network infrastructure, including fiber?optic and wireless systems, to deliver reliable connectivity across urban and rural markets in Italy.

Beyond traditional telephony, Telecom Italia has expanded into information and communications technology (ICT) services, providing cloud computing, cybersecurity, Internet of Things (IoT) platforms and data analytics solutions.