Several other research firms also recently weighed in on TSU. Barclays lifted their target price on TIM Participacoes from $21.00 to $22.00 and gave the stock an overweight rating in a research report on Tuesday, February 13th. Zacks Investment Research downgraded TIM Participacoes from a buy rating to a hold rating in a research report on Tuesday, February 6th. Santander upgraded TIM Participacoes from a hold rating to a buy rating in a research report on Thursday, December 21st. Scotiabank set a $22.00 target price on TIM Participacoes and gave the stock a hold rating in a research report on Monday, February 5th. Finally, UBS Group upgraded TIM Participacoes from a market perform rating to an outperform rating in a research report on Tuesday, February 6th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. TIM Participacoes currently has an average rating of Buy and an average price target of $21.33.
Shares of TIM Participacoes (NYSE TSU) opened at $22.41 on Friday. The stock has a market capitalization of $10,851.06, a price-to-earnings ratio of 28.73, a P/E/G ratio of 0.70 and a beta of 1.39. TIM Participacoes has a 52-week low of $13.63 and a 52-week high of $22.73. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.05 and a quick ratio of 1.04.
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TIM Participacoes Company Profile
TIM Participacoes SA (TIM) is a provider of 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. Its direct subsidiaries include TIM Celular SA, which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (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.
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