Vivendi has increased its stake in Telecom Italia to 23.9%, but don't expect much change.
Telecom Italia reported third-quarter revenue growth that was a bit light, but nine-month results that were spot-on with our expectations and we expect to maintain our fair value estimate of EUR 0.98 per local share. We expect a slight decline in our fair value estimate for the ADR because of movements in the value of the euro versus the U.S. dollar. Our narrow-moat rating is unchanged and we believe the shares are undervalued. However, the stock carries a very high uncertainty rating due to the...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.