Media stories about TIM Participacoes (NYSE:TSU) have been trending somewhat positive on Monday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TIM Participacoes earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news stories about the Wireless communications provider an impact score of 45.7879011268481 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
- TIM Participacoes SA (TSU) Expected to Post Earnings of $0.16 Per Share (americanbankingnews.com)
- TIM board members had expected change at top for months -source (finance.yahoo.com)
- 4 Wireless Operators to Buy on Strong Growth Potential (finance.yahoo.com)
- Reviewing TIM Participacoes (TSU) & China Mobile (CHL) (americanbankingnews.com)
TIM Participacoes stock traded down $0.33 during trading on Monday, hitting $21.91. The stock had a trading volume of 588,014 shares, compared to its average volume of 1,042,496. The stock has a market cap of $10,768.74, a PE ratio of 28.09, a P/E/G ratio of 0.69 and a beta of 1.39. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.04 and a current ratio of 1.05. TIM Participacoes has a 12 month low of $13.63 and a 12 month high of $22.73.
TSU has been the subject of a number of analyst reports. Zacks Investment Research upgraded TIM Participacoes from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Friday, January 12th. Santander upgraded TIM Participacoes from a “hold” rating to a “buy” rating in a report on Thursday, December 21st. Royal Bank of Canada set a $22.00 target price on TIM Participacoes and gave the company a “hold” rating in a research note on Friday, March 9th. Scotiabank set a $22.00 target price on TIM Participacoes and gave the company a “hold” rating in a research note on Monday, February 5th. Finally, Deutsche Bank cut TIM Participacoes from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $21.33.
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TIM Participacoes Company Profile
TIM Participacoes SA (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 SA, 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.
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