TIM Participacoes (NYSE:TSU) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Monday.
A number of other equities analysts also recently issued reports on TSU. Barclays dropped their price objective on shares of TIM Participacoes from $20.50 to $18.50 and set an “equal weight” rating on the stock in a research note on Wednesday, July 11th. TheStreet downgraded shares of TIM Participacoes from a “b” rating to a “c+” rating in a research note on Monday, June 11th. HSBC upgraded shares of TIM Participacoes from a “reduce” rating to a “hold” rating in a research note on Thursday, August 9th. Royal Bank of Canada reiterated a “hold” rating and set a $17.50 price objective on shares of TIM Participacoes in a research note on Tuesday, July 31st. Finally, Zacks Investment Research upgraded shares of TIM Participacoes from a “sell” rating to a “hold” rating in a research note on Friday, September 7th. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. TIM Participacoes currently has a consensus rating of “Hold” and a consensus target price of $17.88.
Shares of NYSE TSU traded up $0.89 during midday trading on Monday, reaching $16.13. 2,269,500 shares of the company’s stock traded hands, compared to its average volume of 1,073,803. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.03 and a current ratio of 1.05. TIM Participacoes has a one year low of $13.82 and a one year high of $23.11. The company has a market cap of $7.02 billion, a PE ratio of 20.16, a P/E/G ratio of 0.66 and a beta of 1.30.
TIM Participacoes Company Profile
TIM Participações SA provides telecommunication services in Brazil. The company offers mobile voice and data, broadband Internet access, value-added, and other telecommunications services and products. It provides prepaid and postpaid services; value-added services, including short message services or text messaging, and multimedia messaging services; and insurance services.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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