TIM Participacoes SA Reaches New 12-Month High at $28.15 (TSU)
TIM Participacoes SA (NYSE:TSU) set a new 52-week high during trading on Friday, AnalystRatings.Net reports. The stock traded as high as $28.15 and last traded at $28.00, with a volume of 1,610,242 shares. The stock had previously closed at $25.33.
A number of analysts have recently weighed in on TSU shares. Analysts at Zacks downgraded shares of TIM Participacoes SA from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday. They now have a $24.90 price target on the stock. Finally, analysts at Barclays raised their price target on shares of TIM Participacoes SA from $24.00 to $25.40 in a research note to investors on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $24.83.
TIM Participacoes SA has a 52-week low of $16.85 and a 52-week high of $27.41. The stock’s 50-day moving average is $24.96 and its 200-day moving average is $22.44. The company has a market cap of $13.665 billion and a price-to-earnings ratio of 16.94.
TIM Participacoes SA (NYSE:TSU) is a Brazil-based company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.