TIM Participacoes S.A. (TSU) : The consensus on TIM Participacoes S.A. (TSU) based on 5 analyst recommendation on the company stock is 2.2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
TIM Participacoes S.A. (TSU) stock is expected to deviate a maximum of $4.44 from the average target price of $15.08 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $22 and the most muted being $13.
TIM Participacoes S.A. has dropped 2.5% in the last five trading days, however, the shares have posted positive gains of 7.71% in the last 4 weeks. TIM Participacoes S.A. is up 33.68% in the last 3-month period. Year-to-Date the stock performance stands at 55.67%. TIM Participacoes S.A. (NYSE:TSU): stock turned positive on Tuesday. Though the stock opened at $12.89, the bulls momentum made the stock top out at $13.06 level for the day. The stock recorded a low of $12.84 and closed the trading day at $12.86, in the green by 0.47%. The total traded volume for the day was 655,669. The stock had closed at $12.8 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.