Telecom Italia S.p.A. Given Buy Rating at Deutsche Bank (TIT)

Telecom Italia S.p.A. (BIT: TIT)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a €1.18 ($1.53) price objective on the stock.

Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Telecom Italia S.p.A. in a research note to investors on Tuesday, May 28th. They now have a €0.65 ($0.84) price target on the stock. Separately, analysts at Banca Akros reiterated an “accumulate” rating on shares of Telecom Italia S.p.A. in a research note to investors on Wednesday, May 22nd. They now have a €0.77 ($1.00) price target on the stock. Finally, analysts at AlphaValue reiterated a “buy” rating on shares of Telecom Italia S.p.A. in a research note to investors on Thursday, May 16th. They now have a €1.15 ($1.49) price target on the stock.

One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of €0.90 ($1.16).

Telecom Italia S.p.A. (BIT: TIT) traded down 0.17% on Tuesday, hitting €0.5790. Telecom Italia S.p.A. has a 1-year low of €0.5320 and a 1-year high of €0.8570. The stock’s 50-day moving average is currently €0.80. The company’s market cap is €11.164 billion.

Telecom Italia SpA is an Italy-based company engaged in the communications sector. It is engaged mainly in the fixed and mobile national and international telecommunications sector.

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