Telecom Italia (OTCMKTS:TIIAY) Stock Rating Raised to “Hold” at Zacks Research

Telecom Italia (OTCMKTS:TIIAY) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research report issued on Thursday, Zacks reports.

Other analysts have also issued research reports about the stock. Kepler Capital Markets restated a “hold” rating on shares of Telecom Italia in a research note on Wednesday, June 24th. Barclays reissued an “overweight” rating on shares of Telecom Italia in a report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Telecom Italia Trading Down 2.8%

Telecom Italia stock opened at $6.10 on Thursday. The stock has a 50 day moving average of $8.47 and a 200-day moving average of $8.47. Telecom Italia has a 52 week low of $5.43 and a 52 week high of $11.20.

Telecom Italia Company Profile

Telecom Italia S.p.A., operating primarily under the TIM brand, is an Italian telecommunications company that provides fixed-line and mobile communications services. Its offerings include voice and data connectivity, broadband and ultrabroadband internet, mobile services, and related digital communications products for consumers, businesses and public-sector organizations.

The company also provides information and communication technology services, including cloud computing, data center, cybersecurity, managed connectivity and digital solutions.