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

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

A number of research analysts recently weighed in on TIIAY shares. Deutsche Bank Aktiengesellschaft downgraded shares of Telecom Italia from a “buy” rating to a “hold” rating in a research report on Friday, February 20th. Barclays reissued an “overweight” rating on shares of Telecom Italia in a report on Monday, January 26th.

Telecom Italia Stock Performance

Shares of OTCMKTS TIIAY opened at $6.97 on Tuesday. The firm’s 50-day moving average price is $7.06 and its 200-day moving average price is $6.15. Telecom Italia has a 52-week low of $2.92 and a 52-week high of $7.82. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 0.61.

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.