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

Telecom Italia S.P.A. (OTCMKTS:TIIAY) has earned a consensus rating of “Buy” from the six analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and three have given a strong buy recommendation to the company.

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

Telecom Italia Stock Performance

Shares of OTCMKTS:TIIAY opened at $5.51 on Wednesday. The company has a 50 day moving average of $5.58 and a 200 day moving average of $4.98. The company has a quick ratio of 0.80, a current ratio of 0.82 and a debt-to-equity ratio of 0.62. Telecom Italia has a 12 month low of $2.27 and a 12 month high of $6.13.

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.