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

Shares of Telecom Italia S.P.A. (OTCMKTS:TIIAY) have earned an average recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company.

Separately, Oddo Bhf cut shares of Telecom Italia to a “neutral” rating in a research report on Friday, August 29th.

Telecom Italia Stock Performance

Shares of Telecom Italia stock opened at $5.89 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62. Telecom Italia has a 52-week low of $2.27 and a 52-week high of $6.13. The company has a 50 day moving average of $5.56 and a 200 day moving average of $4.95.

About Telecom Italia

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.