Hsbc Global Res Upgrades Telecom Italia (OTCMKTS:TIIAY) to “Strong-Buy”

Telecom Italia (OTCMKTS:TIIAY) was upgraded by Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Separately, Barclays upgraded shares of Telecom Italia from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 10th.

Telecom Italia Stock Up 0.9 %

TIIAY stock opened at $3.10 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 0.85. Telecom Italia has a 1 year low of $2.19 and a 1 year high of $3.12. The stock’s fifty day moving average price is $2.63 and its 200-day moving average price is $2.55.

Telecom Italia Company Profile

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.