Titan America (NYSE:TTAM - Get Free Report) had its price target lowered by research analysts at Stifel Nicolaus from $16.00 to $15.00 in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm currently has a "buy" rating on the stock. Stifel Nicolaus' target price suggests a potential upside of 14.24% from the stock's current price.
Other equities analysts have also issued research reports about the company. Hsbc Global Res raised Titan America to a "strong-buy" rating in a report on Wednesday, March 12th. Bank of America dropped their price objective on Titan America from $16.50 to $15.50 and set a "neutral" rating on the stock in a report on Thursday, March 27th. HSBC assumed coverage on Titan America in a report on Wednesday, March 12th. They issued a "buy" rating and a $19.00 price target for the company. Citigroup initiated coverage on shares of Titan America in a report on Tuesday, March 4th. They set a "buy" rating and a $19.00 price objective on the stock. Finally, Sanford C. Bernstein assumed coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a "market perform" rating and a $17.00 target price for the company. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $17.29.
Get Our Latest Research Report on Titan America
Titan America Price Performance
NYSE TTAM traded down $0.41 during trading hours on Monday, hitting $13.13. 207,868 shares of the company were exchanged, compared to its average volume of 457,956. The company's 50 day simple moving average is $13.47. Titan America has a 52-week low of $10.80 and a 52-week high of $17.78.
Titan America (NYSE:TTAM - Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). The company had revenue of $389.82 million for the quarter, compared to analysts' expectations of $393.17 million.
About Titan America
(
Get Free Report)
Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.
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