Shares of Telecom Italia S.P.A. (OTCMKTS:TIIAY - Get Free Report) reached a new 52-week high during mid-day trading on Saturday . The stock traded as high as $5.71 and last traded at $5.63, with a volume of 43060 shares changing hands. The stock had previously closed at $5.46.
Analyst Ratings Changes
A number of research firms have commented on TIIAY. Berenberg Bank raised shares of Telecom Italia to a "strong-buy" rating in a report on Thursday, June 26th. Oddo Bhf lowered shares of Telecom Italia to a "neutral" rating in a report on Friday, August 29th. Three investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy".
Read Our Latest Stock Analysis on Telecom Italia
Telecom Italia Price Performance
The company's 50-day moving average is $5.07 and its two-hundred day moving average is $4.42.
About Telecom Italia
(
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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.
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