Telecom Italia S.p.A. (BIT: TIT)‘s stock had its “hold” rating reaffirmed by research analysts at Grupo Santander in a report released on Wednesday. They currently have a $1.28 (€1) target price on the stock.

Shares of Telecom Italia S.p.A. traded down 0.07% during mid-day trading on Wednesday, hitting €0.7135. Telecom Italia S.p.A. has a one year low of €0.6030 and a one year high of €0.9315. The company’s market cap is €13.757 billion.

A number of other analysts have also recently weighed in on TIT. Analysts at Banca Akros reiterated an “accumulate” rating on shares of Telecom Italia S.p.A. in a research note to investors on Tuesday. They now have a $1.17 price target on the stock. Separately, analysts at Nomura reiterated a “reduce” rating on shares of Telecom Italia S.p.A. in a research note to investors on Friday, November 30th. They now have a $1.06 price target on the stock. Finally, 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.

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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