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

Titan America SA (NYSE:TTAM) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $18.25.

Several analysts recently weighed in on TTAM shares. Jefferies Financial Group initiated coverage on Titan America in a research note on Wednesday. They set a “buy” rating and a $19.00 target price for the company. The Goldman Sachs Group assumed coverage on Titan America in a research report on Tuesday. They issued a “neutral” rating and a $19.00 price objective for the company. Citigroup initiated coverage on shares of Titan America in a research note on Tuesday. They set a “buy” rating and a $19.00 target price for the company. Stifel Nicolaus assumed coverage on shares of Titan America in a research report on Tuesday. They issued a “buy” rating and a $19.00 price target on the stock. Finally, Bank of America started coverage on shares of Titan America in a research report on Tuesday. They set a “neutral” rating and a $16.50 price objective for the company.

Titan America Stock Performance

TTAM stock traded up $0.27 during mid-day trading on Wednesday, reaching $15.08. 29,992 shares of the stock traded hands, compared to its average volume of 551,944. Titan America has a 52 week low of $14.35 and a 52 week high of $17.78.

About Titan America

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.