Barclays upgraded Telecom Italia (NYSE:TI) from Underweight to Equal Weight in a statement released earlier today.
- Updated: October 17, 2016
Barclays has upgraded Telecom Italia (NYSE:TI) from Underweight to Equal Weight in a report released on 10/17/2016.
Just yesterday Telecom Italia (NYSE:TI) traded 2.36% higher at $7.83. TI’s 50-day average is $8.45 and its two hundred day average is $8.87. With the last close down -9.62% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 45,790 shares of TI changing hands under the typical 97,455
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Telecom Italia has a 52 week low of $6.95 and a 52 week high of $14.18 with a P/E ratio of 16.70 The company’s market cap is currently $0.
A total of 1 broker has issued a research note on Telecom Italia. One analyst rating the stock a strong buy, 0 firms rating the stock a buy, 0 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $16.83.
General Information About Telecom Italia (NYSE:TI)
Telecom Italia S.p.A. (Telecom Italia) operates fixed voice and data infrastructure in Italy, and provides mobile network platforms. The Company focuses on various areas of digital services, including Enriched Communication, Trusted Digital Life, Business Life, Indoor Life, Mobile Open Life and Digital Entertainment. Its segments include Consumer, Business, National Wholesale and Other. It is engaged in developing various projects in areas, including Smart Green, Social Reading, Solutions for good schooling, Digital tourism 2.0, Smart Home, FriendTV and Big Data. Smart Green is the assessment of projects connected with the environment and potential partnerships with the local government offices for the monitoring of air in public offices and urban areas, using networks of sensors connected to the Company's Cloud. The Company is involved, either alone or in partnership with external partners, in devising and developing healthcare services at national, regional and local level.
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