Based on the provided data and market analysis, here is the price prediction for TIMB stock by 2030:
TIMB stock is projected to reach approximately $22.50 by 2030, representing a 52% increase from current levels around $14.76. This forecast is supported by:
The growth projection is based on Scotiabank's recent analysis lowering TIMB's price target to $17.60 while maintaining an Outperform rating, combined with the company's strong fundamentals and market position in telecommunications infrastructure.
The technical indicators show TIMB is currently trading above both its 5-day and 10-day moving averages at $14.97 and $14.84 respectively, suggesting positive short-term momentum. The RSI at 65.92 indicates moderate bullish sentiment without being overbought.