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Madonna Concert Flop Makes Promoter T4F a Buy: Corporate Brazil

T4F Entretenimento SA’s plunge from the world’s most expensive concert promoter to one of the cheapest has analysts predicting a rebound.

All six analysts who rate the company known as Time 4 Fun reiterated or raised their ratings to the equivalent of a “buy” since mid-November, data compiled by Bloomberg show. Sao Paulo-based Time 4 Fun traded at 10.8 times estimated 2013 earnings as of Dec. 21, the cheapest among global peers after Germany’s DEAG Deutsche Entertainment AG and South Korea’s SM Entertainment Co. Based on 2012 profit, the stock had the industry’s highest ratio at 43.