Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Telecom Italia S.P.A. (NYSE:TI) Share Price

Press coverage about Telecom Italia S.P.A. (NYSE:TI) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Telecom Italia S.P.A. earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 43.5486524841251 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Telecom Italia S.P.A. from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. Sanford C. Bernstein reissued a “market perform” rating on shares of Telecom Italia S.P.A. in a report on Tuesday, August 29th. Finally, BidaskClub raised shares of Telecom Italia S.P.A. from a “sell” rating to a “hold” rating in a report on Friday, June 30th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $12.00.

Shares of Telecom Italia S.P.A. (TI) opened at 9.05 on Tuesday. Telecom Italia S.P.A. has a 52-week low of $7.10 and a 52-week high of $10.53. The stock’s 50 day moving average price is $9.35 and its 200 day moving average price is $9.44. The company has a market capitalization of $19.07 billion, a P/E ratio of 9.05 and a beta of 0.99.

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About Telecom Italia S.P.A.

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.

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