TIM Participacoes (NYSE:TSU) received a $19.00 price objective from stock analysts at Barclays in a research report issued on Thursday. The firm presently has a “hold” rating on the Wireless communications provider’s stock. Barclays’ target price indicates a potential upside of 17.94% from the stock’s current price.
Several other research analysts also recently weighed in on the company. Royal Bank of Canada restated a “hold” rating and issued a $17.50 price target on shares of TIM Participacoes in a research note on Tuesday, July 31st. ValuEngine downgraded TIM Participacoes from a “sell” rating to a “strong sell” rating in a research note on Friday, August 3rd. HSBC upgraded TIM Participacoes from a “reduce” rating to a “hold” rating in a research note on Thursday, August 9th. Zacks Investment Research upgraded TIM Participacoes from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, August 15th. Finally, Credit Suisse Group upgraded TIM Participacoes from a “neutral” rating to an “outperform” rating in a research note on Monday, August 20th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $18.63.
Shares of NYSE:TSU opened at $16.11 on Thursday. The company has a market cap of $7.83 billion, a P/E ratio of 20.14, a P/E/G ratio of 0.89 and a beta of 1.00. The company has a quick ratio of 1.03, a current ratio of 1.05 and a debt-to-equity ratio of 0.23. TIM Participacoes has a 12-month low of $13.82 and a 12-month high of $23.11.
About TIM Participacoes
TIM Participações SA provides telecommunication services in Brazil. The company offers mobile voice and data, broadband Internet access, value-added, and other telecommunications services and products. It provides prepaid and postpaid services; value-added services, including short message services or text messaging, and multimedia messaging services; and insurance services.
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