BNP Paribas Upgrades Telecom Italia (OTCMKTS:TIIAY) to Strong-Buy

Telecom Italia (OTCMKTS:TIIAY) was upgraded by equities researchers at BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, Hsbc Global Res raised shares of Telecom Italia from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th.

Telecom Italia Trading Up 3.4 %

TIIAY stock opened at $3.39 on Thursday. The company’s 50 day moving average is $3.02 and its two-hundred day moving average is $2.71. Telecom Italia has a twelve month low of $2.19 and a twelve month high of $3.49. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.82.

About Telecom Italia

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.