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Telecom Italia SpA (ADR) (NYSE:TI) has been upgraded to Outperform in a statement by Macquarie earlier today.

Boasting a price of $8.36, Telecom Italia SpA (ADR) (NYSE:TI) traded 3.08% higher on the day. The last stock close price is down -9.28% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TI has recorded a 50-day average of $8.76 and a two hundred day average of $9.22. Volume of trade was down over the average, with 45,051 shares of TI changing hands under the typical 174,686

Macquarie has upgraded Telecom Italia SpA (ADR) (NYSE:TI) to Outperform in a report released on Thursday September 22, 2016.

Performance Chart

Telecom Italia SpA (ADR) (NYSE:TI)

With a market cap of $0, Telecom Italia SpA (ADR) has 52 week low of $6.95 and a 52 week high of $14.18 with a PE ratio of 17.06 .

In addition to Macquarie reporting its stock price target, a total of 1 broker has reported on the stock. The consensus target price is $16.83 with 1 broker rating the stock a strong buy, zero analysts rating the company a buy, 0 firms rating the stock a hold, zero equity analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.

General Company Details For Telecom Italia SpA (ADR) (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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