TIM SA has a consensus price target of $19.23 based on the ratings of 3 analysts. The high is $23.2 issued by Scotiabank on November 5, 2024. The low is $17 issued by Goldman Sachs on August 8, 2023. The 3 most-recent analyst ratings were released by Barclays, Scotiabank, and Scotiabank on November 12, 2024, November 5, 2024, and September 20, 2024, respectively. With an average price target of $21.83 between Barclays, Scotiabank, and Scotiabank, there's an implied 56.40% upside for TIM SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TIM (NYSE:TIMB) was reported by Barclays on November 12, 2024. The analyst firm set a price target for $17.50 expecting TIMB to rise to within 12 months (a possible 25.36% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for TIM (NYSE:TIMB) was provided by Barclays, and TIM maintained their equal-weight rating.
The last upgrade for TIM SA happened on September 20, 2024 when Scotiabank raised their price target to $24.8. Scotiabank previously had a sector perform for TIM SA.
The last downgrade for TIM SA happened on December 7, 2023 when Scotiabank changed their price target from N/A to N/A for TIM SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TIM, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TIM was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest TIM (TIMB) rating was a maintained with a price target of $18.00 to $17.50. The current price TIM (TIMB) is trading at is $13.96, which is out of the analyst’s predicted range.
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