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TIM Participacoes SA (ADR) (NYSE:TSU) has been upgraded to Hold in a report by Zacks Investment Research today.

Boasting a price of $12.11, TIM Participacoes SA (ADR) (NYSE:TSU) traded 0.25% higher on the day. With the last stock price close up 7.24% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. TIM Participacoes SA (ADR) has recorded a 50-day average of $12.76 and a two hundred day average of $11.17. Volume of trade was down over the average, with 497,311 shares of TSU changing hands under the typical 947,866

Zacks Investment Research has upgraded TIM Participacoes SA (ADR) (NYSE:TSU) to Hold in a statement released on 09/21/2016.

Performance Chart

TIM Participacoes SA (ADR) (NYSE:TSU)

With a total market value of $0, TIM Participacoes SA (ADR) has price-earnings ratio of 19.02 with a one year low of $7.08 and a one year high of $13.52 .

A total of 8 equity analysts have released a research note on TSU. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $13.35.

More About 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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