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TIM Participacoes SA (NYSE:TSU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday. They currently have a $31.00 price objective on the stock. Zacks‘s price objective suggests a potential upside of 26.22% from the stock’s previous close.

TIM Participacoes SA (NYSE:TSU) traded down 0.37% during mid-day trading on Tuesday, hitting $24.47. The stock had a trading volume of 214,204 shares. TIM Participacoes SA has a 52 week low of $18.77 and a 52 week high of $30.52. The stock’s 50-day moving average is $27.25 and its 200-day moving average is $26.54. The company has a market cap of $11.828 billion and a price-to-earnings ratio of 17.61.

TIM Participacoes SA (NYSE:TSU) is a Brazil-based company.

To view Zacks’ full report, visit Zacks’ official website.

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