Several other research analysts have also recently weighed in on TI. Zacks Investment Research raised shares of Telecom Italia from a sell rating to a buy rating and set a $6.75 price target on the stock in a research report on Wednesday, March 27th. Canaccord Genuity reissued a buy rating and set a $1.25 price target on shares of Telecom Italia in a research report on Tuesday, February 26th. Finally, New Street Research cut shares of Telecom Italia from a buy rating to a neutral rating in a research report on Tuesday, January 22nd. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $4.00.
Shares of TI opened at $5.06 on Wednesday. Telecom Italia has a 52-week low of $4.90 and a 52-week high of $8.62. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.65 and a current ratio of 0.68. The firm has a market cap of $11.04 billion, a price-to-earnings ratio of -7.13 and a beta of 0.63.
Telecom Italia Company Profile
Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, South America, and the Mediterranean Basin. 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 small and medium-size enterprises, small offices/home offices, the public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets.
Read More: Asset Allocation and Your Retirement
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Telecom Italia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telecom Italia and related companies with MarketBeat.com's FREE daily email newsletter.