Analysts’ Recent Ratings Updates for TIM Participacoes (TSU)

TIM Participacoes (NYSE: TSU) recently received a number of ratings updates from brokerages and research firms:

  • 2/7/2018 – TIM Participacoes was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “TIM PARTICIPAÇÕES S.A. is a holding company, the single company in Brazil to offer mobile cellular service throughout the Brazilian territory, by means of its subsidiaries TIM Celular S.A. and TIM Nordeste S.A. The company is the largest GSM (Global System for Mobile communications) operator of the country, in terms of clients and revenues and TIM Participações ended the 3Q08 with 35.2 million clients and a market share of 25%. “
  • 2/6/2018 – TIM Participacoes was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “TIM PARTICIPAÇÕES S.A. is a holding company, the single company in Brazil to offer mobile cellular service throughout the Brazilian territory, by means of its subsidiaries TIM Celular S.A. and TIM Nordeste S.A. The company is the largest GSM (Global System for Mobile communications) operator of the country, in terms of clients and revenues and TIM Participações ended the 3Q08 with 35.2 million clients and a market share of 25%. “
  • 2/6/2018 – TIM Participacoes was upgraded by analysts at UBS Group AG from a “market perform” rating to an “outperform” rating.
  • 2/5/2018 – TIM Participacoes was given a new $22.00 price target on by analysts at Scotiabank. They now have a “hold” rating on the stock.
  • 1/30/2018 – TIM Participacoes was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating.
  • 1/17/2018 – TIM Participacoes was given a new $20.00 price target on by analysts at Scotiabank. They now have a “hold” rating on the stock.
  • 1/12/2018 – TIM Participacoes was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “TIM PARTICIPAÇÕES S.A. is a holding company, the single company in Brazil to offer mobile cellular service throughout the Brazilian territory, by means of its subsidiaries TIM Celular S.A. and TIM Nordeste S.A. The company is the largest GSM (Global System for Mobile communications) operator of the country, in terms of clients and revenues and TIM Participações ended the 3Q08 with 35.2 million clients and a market share of 25%. “
  • 12/21/2017 – TIM Participacoes was upgraded by analysts at Santander from a “hold” rating to a “buy” rating.

Shares of TIM Participacoes SA (NYSE TSU) traded up $0.24 during midday trading on Monday, hitting $20.94. The company had a trading volume of 196,070 shares, compared to its average volume of 1,005,975. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $10,023.06, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 0.96 and a beta of 1.47. TIM Participacoes SA has a 12-month low of $13.63 and a 12-month high of $21.75.

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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