TIM Participacoes SA Hits New 52-Week High at $26.90 (TSU)
TIM Participacoes SA (NYSE:TSU) set a new 52-week high on Wednesday, Stock Ratings Network.com reports. The company traded as high as $26.90 and last traded at $26.40, with a volume of 6,621,206 shares. The stock had previously closed at $24.72.
A number of research firms have recently commented on TSU. Analysts at Stifel Nicolaus downgraded shares of TIM Participacoes SA from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, September 25th. They now have a $25.00 price target on the stock. Separately, analysts at Zacks upgraded shares of TIM Participacoes SA from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 10th. They now have a $22.70 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of TIM Participacoes SA in a research note to investors on Wednesday, August 7th. They set a “buy” rating on the stock. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $23.90.
TIM Participacoes SA has a 52-week low of $16.39 and a 52-week high of $25.87. The stock has a 50-day moving average of $22.08 and a 200-day moving average of $20.39. The company has a market cap of $12.722 billion and a price-to-earnings ratio of 15.95.
TIM Participacoes SA (NYSE:TSU) is a Brazil-based company.
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