Telecom Italia S.P.A. (OTCMKTS:TIIAY) Receives Average Recommendation of “Moderate Buy” from Analysts

Telecom Italia S.P.A. (OTCMKTS:TIIAY) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have assigned a strong buy recommendation to the company.

Several analysts recently weighed in on the company. Barclays restated an “overweight” rating on shares of Telecom Italia in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft cut shares of Telecom Italia to a “hold” rating in a report on Friday.

Telecom Italia Price Performance

OTCMKTS TIIAY opened at $7.64 on Friday. The business has a fifty day moving average price of $6.59 and a two-hundred day moving average price of $5.86. Telecom Italia has a fifty-two week low of $2.66 and a fifty-two week high of $7.82. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.84.

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.