Analyst Rating Update on TIM Participacoes S.A. (TSU)

TIM Participacoes S.A. (NYSE:TSU) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 6 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

TIM Participacoes S.A. (NYSE:TSU) : The highest short term price target forecast on TIM Participacoes S.A. (NYSE:TSU) is $22 and the lowest target price is $11. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $13.93 with a standard deviation of $5.22.

Company shares have received an average consensus rating of Hold for the current week

TIM Participacoes S.A. (NYSE:TSU): stock turned positive on Tuesday. Though the stock opened at $9.46, the bulls momentum made the stock top out at $9.97 level for the day. The stock recorded a low of $9.46 and closed the trading day at $9.92, in the green by 5.64%. The total traded volume for the day was 774,910. The stock had closed at $9.39 in the previous days trading.

TIM Participacoes S.A. is a holding company. The Company provides 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. The Companys wholly owned subsidiaries include TIM Celular S.A., which provides landline telephone services (STFC) – domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (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 (DF). The Company offers global system for mobile communications (GSM) telecommunications services, 3G and 4G technologies.

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