TIM S.A. stock: Barclays cuts target to 22 US dollars
Published on 11/03/2026 at 02:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBarclays trims target before earnings
- Barclays lowered its price target for TIM S.A. while maintaining an Equal Weight rating.
- TIM is scheduled to release third-quarter results after the market close on November 9, followed by a conference call on November 10.
Barclays cut its price target for TIM S.A. from 24 to 22 US dollars on Monday, November 2, while maintaining an Equal Weight rating, according to MarketBeat. The revised target leaves Barclays below the analyst consensus target of 24.48 US dollars cited in the same report.
Analyst view ahead of results
MarketBeat said Barclays kept its Equal Weight assessment as other analysts also adjusted their views. Bank of America had raised TIM to Neutral in October, while Weiss Ratings lowered its assessment to Hold in the same month.
The next scheduled catalyst is TIM's third-quarter report after the market close on Monday, November 9. The investor-relations calendar sets the results conference for Tuesday, November 10, at 10:00 in Brasilia, or 8:00 US Eastern time, according to TIM Investor Relations.
Brazilian telecom operator
TIM S.A. provides mobile and fixed-line communications services in Brazil, including voice and data plans, mobile internet, broadband connectivity and digital services. Its network includes 4G and 5G infrastructure, while its business offering also covers corporate connectivity and Internet of Things applications. TIM's investor-relations site describes the company as mobile-focused, with infrastructure serving customers across Brazil.
TIM S.A. at a glance
- Company: TIM S.A.
- Ticker: TIMB
- Home exchange: New York Stock Exchange
- Sector: Brazilian telecommunications
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