Telecom Italia S.P.A. (OTCMKTS:TIIAY – Get Free Report) traded down 6.4% during mid-day trading on Thursday. The stock traded as low as $6.27 and last traded at $6.27. Approximately 728 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 44,378 shares. The stock had previously closed at $6.70.
Analysts Set New Price Targets
Several research firms have recently weighed in on TIIAY. 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 report on Friday, August 7th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Telecom Italia has an average rating of “Hold”.
Get Our Latest Analysis on Telecom Italia
Telecom Italia Trading Down 3.2%
About Telecom Italia
Telecom Italia S.p.A., operating primarily under the TIM brand, is an Italian telecommunications company that provides fixed-line and mobile communications services. Its offerings include voice and data connectivity, broadband and ultrabroadband internet, mobile services, and related digital communications products for consumers, businesses and public-sector organizations.
The company also provides information and communication technology services, including cloud computing, data center, cybersecurity, managed connectivity and digital solutions.
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