Telecom Italia S.P.A. (OTCMKTS:TIIAY) Receives Consensus Rating of “Moderate Buy” from Brokerages

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

Several brokerages have weighed in on TIIAY. Barclays reiterated an “overweight” rating on shares of Telecom Italia in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft downgraded Telecom Italia from a “buy” rating to a “hold” rating in a research report on Friday.

Telecom Italia Stock Performance

OTCMKTS:TIIAY opened at $7.77 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.84 and a quick ratio of 0.82. The firm has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $5.90. Telecom Italia has a 1-year low of $2.66 and a 1-year high of $7.82.

Telecom Italia Company Profile

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.