TIM Participacoes S.A. (TSU) Receives Analyst Rating

TIM Participacoes S.A. (TSU) : 5 analysts are covering TIM Participacoes S.A. (TSU) and their average rating on the stock is 2.2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

TIM Participacoes S.A. (TSU) : The consensus price target for TIM Participacoes S.A. (TSU) is $15.58 for the short term with a standard deviation of $4.31. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $22, however, the pessimist price target for the company is $13.


Also, Barclays maintains its rating on TIM Participacoes S.A. (NYSE:TSU). The global brokerage major raises the current price target from $11.5 per share to $12.5 per share. Analysts at the Barclays have a current rating of Equalweight on the shares. The rating by the firm was issued on July 27, 2016.

TIM Participacoes S.A. (NYSE:TSU): After opening at $11.81, the stock dipped to an intraday low of $11.7 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.24 and the buying power remained strong till the end. The stock closed at $12.19 for the day, a gain of 3.48% for the day session. The total traded volume was 870,694. The stocks close on the previous trading day was $11.78.

TIM Participacoes S.A. is a holding company. The Company provides mobile telecommunication services in Brazil. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. The Companys wholly owned subsidiaries include TIM Celular S.A., which provides landline telephone services (STFC) – domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (SCM) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC – local voices services and SCM services in all Brazilian states and in the Federal District (DF). The Company offers global system for mobile communications (GSM) telecommunications services, 3G and 4G technologies.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.