Telecom Italia S.p.A. (BIT: TIT)‘s stock had its “buy” rating reaffirmed by research analysts at AlphaValue in a report released on Thursday. They currently have a $1.87 (€1) target price on the stock.

Telecom Italia S.p.A. traded up 3.95% on Thursday, hitting €0.7100. Telecom Italia S.p.A. has a 52-week low of €0.6030 and a 52-week high of €0.9315. The company’s market cap is €13.689 billion.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Telecom Italia S.p.A. in a research note to investors on Friday, November 23rd. They now have a $1.35 price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Telecom Italia S.p.A. in a research note to investors on Thursday, November 22nd. They now have a $1.15 price target on the stock. Finally, analysts at Banca Akros upgraded shares of Telecom Italia S.p.A. to an “accumulate” rating in a research note to investors on Wednesday, November 21st. They now have a $1.15 price target on the stock.

Telecom Italia SpA is an Italy-based company engaged in the communications sector. It is engaged mainly in the fixed and mobile national and international telecommunications sector.

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