Barclays Sticks to Its Hold Rating for Tim Participacoes (TSU)

By Ryan Adsit

Barclays analyst Mathieu Robilliard maintained a Hold rating on Tim Participacoes (TSUResearch Report) yesterday and set a price target of $19. The company’s shares closed on Friday at $17.06.

Robilliard has an average return of 3.6% when recommending Tim Participacoes.

According to TipRanks.com, Robilliard is ranked #775 out of 5142 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tim Participacoes with a $18 average price target.

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The company has a one-year high of $22.50 and a one-year low of $13.64. Currently, Tim Participacoes has an average volume of 915.3K.

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TIM Participações SA operates as a holding company, which engages in the provision of wireless cellular telecommunication services. The firm also provides private and public telephone services at both the local and regional levels.