Stock Rating Downgrade
The Value Trend Rating for TIM S.A. (NYSE: TIMB) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/9/24, TIM S.A. (NYSE: TIMB) stock enjoyed a large increase of 2.3%, closing at $15.94. However, trading volume in this advance was below average at 71% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TIMB is expected to continue to be an important Value Builder.
TIM S.A. has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. TIM S.A. has a good Appreciation Score of 73 but a very low Power Rating of 11, and the Negative Value Trend Rating results.
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