Titan America (NYSE:TTAM) Earns Buy Rating from Analysts at HSBC

HSBC began coverage on shares of Titan America (NYSE:TTAM) in a research note published on Wednesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $19.00 price objective on the stock.

A number of other equities analysts have also issued reports on the company. Sanford C. Bernstein initiated coverage on Titan America in a report on Tuesday, March 4th. They issued a “market perform” rating and a $17.00 price objective for the company. The Goldman Sachs Group assumed coverage on Titan America in a report on Tuesday, March 4th. They issued a “neutral” rating and a $19.00 price objective for the company. Citigroup assumed coverage on Titan America in a research note on Tuesday, March 4th. They set a “buy” rating and a $19.00 price target for the company. Jefferies Financial Group assumed coverage on Titan America in a research note on Wednesday, March 5th. They set a “buy” rating and a $19.00 price target for the company. Finally, Bank of America assumed coverage on Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $16.50 price target for the company. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.36.

Titan America Price Performance

Shares of TTAM stock opened at $13.46 on Wednesday. Titan America has a 12-month low of $12.89 and a 12-month 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.