TIM Participacoes SA (NYSE:TSU) has earned a consensus rating of “Buy” from the twelve brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $19.50.

A number of research firms have recently issued reports on TSU. Royal Bank of Canada set a $17.00 price target on shares of TIM Participacoes and gave the company a “hold” rating in a research report on Thursday, November 30th. Zacks Investment Research cut shares of TIM Participacoes from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Santander raised shares of TIM Participacoes from a “hold” rating to a “buy” rating in a research note on Thursday, December 21st. UBS Group raised shares of TIM Participacoes from a “market perform” rating to an “outperform” rating in a research note on Friday, November 24th. Finally, Barclays lifted their target price on shares of TIM Participacoes from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th.

Large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC acquired a new position in TIM Participacoes in the 3rd quarter worth $202,000. Jane Street Group LLC increased its position in shares of TIM Participacoes by 126.9% in the 3rd quarter. Jane Street Group LLC now owns 50,542 shares of the Wireless communications provider’s stock worth $924,000 after purchasing an additional 28,267 shares during the last quarter. Permian Investment Partners LP increased its position in shares of TIM Participacoes by 2.8% in the 3rd quarter. Permian Investment Partners LP now owns 2,789,081 shares of the Wireless communications provider’s stock worth $50,984,000 after purchasing an additional 76,155 shares during the last quarter. Tremblant Capital Group increased its position in shares of TIM Participacoes by 15.1% in the 3rd quarter. Tremblant Capital Group now owns 4,618,379 shares of the Wireless communications provider’s stock worth $84,424,000 after purchasing an additional 604,161 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its position in shares of TIM Participacoes by 75.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 7,000 shares of the Wireless communications provider’s stock worth $128,000 after purchasing an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 15.48% of the company’s stock.

Shares of TIM Participacoes (TSU) traded down $0.05 during trading hours on Friday, reaching $20.26. 771,900 shares of the company were exchanged, compared to its average volume of 1,022,200. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.29 and a current ratio of 1.31. The firm has a market capitalization of $9,834.22, a P/E ratio of 32.16, a P/E/G ratio of 0.87 and a beta of 1.49. TIM Participacoes has a 1 year low of $12.67 and a 1 year high of $20.45.

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About TIM Participacoes

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.

Analyst Recommendations for TIM Participacoes (NYSE:TSU)

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