Telecom Italia S.P.A. (OTCMKTS:TIIAY) Given Consensus Recommendation of “Buy” by Brokerages

Telecom Italia S.P.A. (OTCMKTS:TIIAY) has received a consensus rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating on the company.

Separately, Barclays restated an “overweight” rating on shares of Telecom Italia in a research report on Monday.

Telecom Italia Stock Performance

Telecom Italia stock opened at $6.99 on Monday. The company has a fifty day simple moving average of $6.12 and a 200-day simple moving average of $5.58. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 0.61. Telecom Italia has a 52-week low of $2.66 and a 52-week high of $7.05.

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.