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JPMorgan Chase & Co. upgraded TIM Participacoes SA (ADR) (NYSE:TSU) to Overweight in a statement released earlier today.

Boasting a price of $14.72, TIM Participacoes SA (ADR) (NYSE:TSU) traded -1.02% lower on the day. The last stock close price is down 12.24% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. The company has recorded a 50-day moving average of $18.30 and a 200-day moving average of $16.47. 685,724 shares of the stock were exchanged, down from an average trading volume of 966,945

JPMorgan Chase & Co. has upgraded TIM Participacoes SA (ADR) (NYSE:TSU) to Overweight in a statement released on 5/25/2017.

On Wednesday May 03, 2017, Barclays Capital released a statement for TIM Participacoes SA (ADR) (NYSE:TSU) bumped up the target price from $17.00 to $18.00 that suggested an upside of 0.12%.

See Chart Below

TIM Participacoes SA (ADR) (NYSE:TSU)

TIM Participacoes SA (ADR) has a 52 week low of $11.17 and a 52 week high of $19.20 with a P/E ratio of 31.59 The company’s market cap is currently $0.

In addition to JPMorgan Chase & Co. reporting its target price, a total of 8 firms have reported on the stock. The consensus target price is $13.35 with 0 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On TIM Participacoes SA (ADR) (NYSE:TSU)

TIM Participacoes S.A. (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 S.A., 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. Its consumer plans include prepaid plans, post-paid plans and controle plans. It offers value-added services, including short message services or text messaging, multimedia messaging services and push-mail.

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