Barclays Reiterated Tim Participacoes (NYSE:TSU) As a Overweight; They Now Have a TP Of $22.5

April 17, 2018 - By Margaret Downey

TIM Participações S.A. (NYSE:TSU) Logo

Tim Participacoes (NYSE:TSU) Rating Reaffirmed

In an analyst report shared with investors and clients this morning, Barclays reiterated their Overweight rating on Tim Participacoes (NYSE:TSU) shares. The target price per share indicates a possible upside of 3.54 % from company’s last stock close.

TIM Participações S.A. (NYSE:TSU) Ratings Coverage

Among 4 analysts covering Tim Participacoes SA (NYSE:TSU), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Tim Participacoes SA has $30 highest and $16.9 lowest target. $24.08’s average target is 10.81% above currents $21.73 stock price. Tim Participacoes SA had 9 analyst reports since November 9, 2017 according to SRatingsIntel. The stock of TIM Participações S.A. (NYSE:TSU) earned “Overweight” rating by Barclays Capital on Tuesday, February 13. Barclays Capital maintained the shares of TSU in report on Thursday, November 9 with “Overweight” rating. Scotia Capital maintained TIM Participações S.A. (NYSE:TSU) on Tuesday, January 16 with “Hold” rating. The stock of TIM Participações S.A. (NYSE:TSU) earned “Overweight” rating by Barclays Capital on Monday, April 16. The stock has “Hold” rating by Scotia Capital on Monday, February 5. The firm earned “Hold” rating on Thursday, November 30 by RBC Capital Markets. RBC Capital Markets maintained it with “Hold” rating and $20.0 target in Friday, February 23 report. The stock has “Hold” rating by RBC Capital Markets on Friday, March 9.

The stock increased 0.84% or $0.18 during the last trading session, reaching $21.73. About 409,663 shares traded. TIM Participações S.A. (NYSE:TSU) has risen 31.98% since April 17, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Analysts await TIM Participações S.A. (NYSE:TSU) to report earnings on April, 26. They expect $0.16 earnings per share, up 100.00 % or $0.08 from last year’s $0.08 per share. TSU’s profit will be $80.94 million for 33.95 P/E if the $0.16 EPS becomes a reality. After $0.38 actual earnings per share reported by TIM Participações S.A. for the previous quarter, Wall Street now forecasts -57.89 % negative EPS growth.

TIM Participações S.A., through its subsidiaries, provides mobile telecommunication services in Brazil. The company has market cap of $10.99 billion. The firm offers mobile, fixed, and long distance telephony; data transmission; and broadband services. It has a 28.78 P/E ratio. It provides prepaid and postpaid services; and value-added services, including short message services or text messaging, multimedia messaging services, push-mail, video call, WAP downloads, Web browsing, business data solutions, mobile-learning services, wellness services, songs, ringback tones, applications, voicemail, conference calling, chats, and other content.

TIM Participações S.A. (NYSE:TSU) Ratings Chart

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