Telecom Italia S.P.A. (OTCMKTS:TIIAY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $9.0805, but opened at $8.79. Telecom Italia shares last traded at $8.79, with a volume of 985 shares traded.
Analysts Set New Price Targets
TIIAY has been the topic of several research analyst reports. Kepler Capital Markets reissued a “hold” rating on shares of Telecom Italia in a research note on Wednesday, June 24th. Barclays reaffirmed an “overweight” rating on shares of Telecom Italia in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on Telecom Italia
Telecom Italia Stock Up 0.3%
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.
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