Telecom Italia S.p.A. (BIT: TIT)‘s stock had its “accumulate” rating reaffirmed by research analysts at Banca Akros in a report released on Tuesday. They currently have a $1.17 (€1) target price on the stock.

Telecom Italia S.p.A. traded up 1.64% on Tuesday, hitting €0.7110. Telecom Italia S.p.A. has a 1-year low of €0.6030 and a 1-year high of €0.9315. The company’s market cap is €13.709 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “reduce” rating on shares of Telecom Italia S.p.A. in a research note to investors on Friday. They now have a $1.06 price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Telecom Italia S.p.A. in a research note to investors on Thursday, November 29th. They now have a $1.87 price target on the stock. Finally, 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.

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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