Tim Participacoes (TSU) Receives a Hold from RBC Capital

By Carrie Williams

RBC Capital analyst Julio Arciniegas reiterated a Hold rating on Tim Participacoes (TSUResearch Report) yesterday and set a price target of $17. The company’s shares opened today at $15.94.

According to TipRanks.com, Arciniegas is ranked #2752 out of 4912 analysts.

Tim Participacoes has an analyst consensus of Hold, with a price target consensus of $17.75, an 11.4% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $18.50 price target.


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The company has a one-year high of $22.77 and a one-year low of $13.82. Currently, Tim Participacoes has an average volume of 1.15M.

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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.