Titan America (NYSE:TTAM) Given New $15.50 Price Target at Bank of America

Titan America (NYSE:TTAM) had its price objective trimmed by Bank of America from $16.50 to $15.50 in a report released on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. 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 price target on the stock. Hsbc Global Res raised Titan America to a “strong-buy” rating in a research note on Wednesday, March 12th. Citigroup started coverage on Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price target on the stock. Jefferies Financial Group started coverage on Titan America in a report on Wednesday, March 5th. They set a “buy” rating and a $19.00 price objective for the company. Finally, The Goldman Sachs Group assumed coverage on shares of Titan America in a research note on Tuesday, March 4th. They issued a “neutral” rating and a $19.00 target price on the stock. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Titan America presently has an average rating of “Moderate Buy” and a consensus price target of $17.43.

Titan America Stock Down 1.1 %

Shares of TTAM stock opened at $13.16 on Thursday. Titan America has a 12 month low of $12.61 and a 12 month high of $17.78.

Titan America (NYSE:TTAM) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The firm had revenue of $389.82 million during the quarter, compared to analysts’ expectations 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.