Titan America (NYSE:TTAM) Sets New 52-Week Low – What’s Next?

Titan America SA (NYSE:TTAM) reached a new 52-week low during trading on Tuesday . The company traded as low as $13.93 and last traded at $14.24, with a volume of 394386 shares trading hands. The stock had previously closed at $15.08.

Analyst Upgrades and Downgrades

TTAM has been the topic of a number of recent research reports. Citigroup began coverage on shares of Titan America in a research note on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price objective on the stock. BNP Paribas raised shares of Titan America to a “hold” rating in a report on Tuesday, March 4th. Jefferies Financial Group began coverage on shares of Titan America in a report on Wednesday, March 5th. They issued a “buy” rating and a $19.00 target price on the stock. Sanford C. Bernstein began 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 on the stock. Finally, Stifel Nicolaus began coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 target price on the stock. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $18.36.

Titan America Price Performance

Titan America Company Profile

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.