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

Zacks Research upgraded shares of Telecom Italia (OTCMKTS:TIIAY) to a hold rating in a report released on Thursday,Zacks reports.

TIIAY has been the subject of a number of other reports. Barclays restated an “overweight” rating on shares of Telecom Italia in a report on Friday, August 7th. Kepler Capital Markets reissued a “hold” rating on shares of Telecom Italia in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Telecom Italia currently has an average rating of “Hold”.

Telecom Italia Trading Down 2.8%

OTCMKTS:TIIAY opened at $6.10 on Thursday. The company has a fifty day moving average of $8.47 and a 200-day moving average of $8.47. Telecom Italia has a twelve month low of $5.43 and a twelve month high of $11.20.

About Telecom Italia

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.