Telecom Italia SpA
TIT: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€5.18 | Zml | Pyw |
Fixed-Line Network Rumors Cause Some Share Price Volatility on Telecom Italia; EUR 0.40 FVE Intact
Different rumors regarding potential strategic options for Telecom Italia’s (TIM) fixed-line network have been coming from the press in recent days, mainly Bloomberg and Reuters, causing share price volatility on the stock. Shares were up by 10% during late last week and are down Nov. 8 close to 3% at the time of the writing based on new rumors. We are maintaining our EUR 0.40 fair value estimate and no-moat rating with a very high uncertainty rating.