Telecom Italia S.P.A. (NYSE:TI) has been upgraded from Neutral to Outperform in a statement by Macquarie Research earlier today.
- Updated: September 24, 2016
Having a price of $8.36, Telecom Italia S.P.A. (NYSE:TI) traded -0.24% lower on the day. With the last close down -7.77% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TI has recorded a 50-day average of $8.77 and a two hundred day average of $9.19. Trade Volume was down over the average, with 33,255 shares of TI changing hands under the typical 173,577
Macquarie Research has upgraded Telecom Italia S.P.A. (NYSE:TI) from Neutral to Outperform in a statement released on Thursday September 22, 2016.
Recent Performance Chart
Telecom Italia S.P.A. has PE ratio of 17.31 with a one year low of $6.95 and a one year high of $14.18 and has a market capitalization of $0.
A total of 1 analyst has released a report on Telecom Italia S.P.A.. One analyst rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $16.83.
General Company Details For Telecom Italia S.P.A. (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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