Telecom Italia (OTCMKTS:TIIAY) Stock Rating Upgraded by Hsbc Global Res

Telecom Italia (OTCMKTS:TIIAY) was upgraded by research analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Barclays raised shares of Telecom Italia from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, December 10th.

Telecom Italia Trading Up 0.9 %

Shares of Telecom Italia stock opened at $3.10 on Monday. Telecom Italia has a 1 year low of $2.19 and a 1 year high of $3.12. The firm’s 50-day moving average is $2.61 and its 200 day moving average is $2.55. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.

Telecom Italia Company Profile

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.