Titan America (NYSE:TTAM) Hits New 52-Week Low – Time to Sell?

Shares of Titan America SA (NYSE:TTAM) hit a new 52-week low during trading on Thursday . The company traded as low as $12.84 and last traded at $12.85, with a volume of 46151 shares changing hands. The stock had previously closed at $13.02.

Analyst Ratings Changes

A number of analysts have commented on the stock. Hsbc Global Res raised shares of Titan America to a “strong-buy” rating in a report on Wednesday, March 12th. Jefferies Financial Group began coverage on shares of Titan America in a research report on Wednesday, March 5th. They issued a “buy” rating and a $19.00 price target for the company. The Goldman Sachs Group began coverage on shares of Titan America in a research report on Tuesday, March 4th. They set a “neutral” rating and a $19.00 target price for the company. Sanford C. Bernstein began coverage on shares of Titan America in a research report on Tuesday, March 4th. They set a “market perform” rating and a $17.00 target price for the company. Finally, Stifel Nicolaus began coverage on shares of Titan America in a research report on Tuesday, March 4th. They set a “buy” rating and a $19.00 target price for the company. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Titan America currently has a consensus rating of “Moderate Buy” and an average price target of $18.36.

Titan America Stock Up 0.7 %

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.