Titan America (NYSE:TTAM) Earns Buy Rating from Analysts at Jefferies Financial Group

Stock analysts at Jefferies Financial Group initiated coverage on shares of Titan America (NYSE:TTAM) in a note issued to investors on Wednesday, Marketbeat.com reports. The firm set a “buy” rating and a $19.00 price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 27.69% from the stock’s current price.

A number of other equities research analysts have also issued reports on TTAM. Stifel Nicolaus began coverage on Titan America in a research note on Tuesday. They issued a “buy” rating and a $19.00 price target for the company. The Goldman Sachs Group started coverage on Titan America in a research note on Tuesday. They set a “neutral” rating and a $19.00 target price on the stock. Sanford C. Bernstein started coverage on Titan America in a research note on Tuesday. They issued a “market perform” rating and a $17.00 price target for the company. 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 on the stock. Finally, Citigroup started coverage on shares of Titan America in a research report on Tuesday. They set a “buy” rating and a $19.00 target price for the company. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $18.25.

Titan America Stock Down 4.3 %

Shares of NYSE TTAM opened at $14.88 on Wednesday. Titan America has a 1 year low of $14.35 and a 1 year high of $17.78.

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.