Telecom Italia SpA (NYSE:TI) has received a consensus recommendation of “Sell” from the twelve analysts that are covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a sell rating and four have given a hold rating to the company.
TI has been the subject of several research analyst reports. Goldman Sachs Group downgraded shares of Telecom Italia from a “buy” rating to a “neutral” rating in a report on Tuesday, November 27th. Zacks Investment Research downgraded shares of Telecom Italia from a “hold” rating to a “sell” rating in a report on Wednesday, December 12th. Sanford C. Bernstein downgraded shares of Telecom Italia from a “market perform” rating to a “sell” rating in a report on Wednesday, November 14th. Morgan Stanley downgraded shares of Telecom Italia from an “overweight” rating to an “equal weight” rating in a report on Tuesday, November 13th. Finally, TheStreet downgraded shares of Telecom Italia from a “c-” rating to a “d” rating in a report on Friday, November 9th.
NYSE TI traded down $0.01 on Friday, hitting $5.48. 337,367 shares of the company’s stock were exchanged, compared to its average volume of 325,815. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.76 and a quick ratio of 0.73. Telecom Italia has a 52 week low of $4.94 and a 52 week high of $11.28. The stock has a market capitalization of $11.61 billion, a PE ratio of 8.06 and a beta of 0.66.
About Telecom Italia
Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, the Mediterranean Basin, and South America. It offers landline and mobile telecommunications, voice, messaging, data, Internet, and broadband services for consumers, as well as for small and medium-size enterprises, small offices/home offices, public sector clients, large accounts, and enterprises in the fixed and mobile telecommunications markets.
Recommended Story: Front-End Load
Receive News & Ratings for Telecom Italia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telecom Italia and related companies with MarketBeat.com's FREE daily email newsletter.