Titan America SA (NYSE:TTAM) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Titan America SA (NYSE:TTAM) have received an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $17.43.

Several research analysts have commented on the company. HSBC began coverage on Titan America in a research report on Wednesday, March 12th. They issued a “buy” rating and a $19.00 price target on the stock. BNP Paribas upgraded Titan America to a “hold” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group cut their target price on Titan America from $19.00 to $16.50 and set a “neutral” rating for the company in a research note on Friday. Citigroup began coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price target on the stock. Finally, Jefferies Financial Group began coverage on Titan America in a report on Wednesday, March 5th. They set a “buy” rating and a $19.00 price objective on the stock.

Titan America Trading Down 1.1 %

TTAM opened at $13.16 on Friday. Titan America has a twelve month low of $12.61 and a twelve month high of $17.78.

Titan America (NYSE:TTAM) last posted its quarterly earnings data on Wednesday, March 26th. The company reported $0.21 earnings per share (EPS) 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 analyst estimates of $393.17 million.

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.