HSBC Begins Coverage on Titan America (NYSE:TTAM)

HSBC initiated coverage on shares of Titan America (NYSE:TTAM) in a report issued on Wednesday,Briefing.com Automated Import reports. The firm set a “buy” rating and a $19.00 price target on the stock. HSBC’s price target would indicate a potential upside of 37.38% from the stock’s current price.

TTAM has been the topic of a number of other reports. Citigroup initiated coverage on Titan America in a research report on Tuesday, March 4th. They set a “buy” rating and a $19.00 target price on the stock. Sanford C. Bernstein began coverage on Titan America in a report on Tuesday, March 4th. They set a “market perform” rating and a $17.00 price target on the stock. BNP Paribas upgraded Titan America to a “hold” rating in a report on Tuesday, March 4th. Jefferies Financial Group began coverage on Titan America in a report on Wednesday, March 5th. They set a “buy” rating and a $19.00 price target on the stock. Finally, Bank of America began coverage on Titan America in a report on Tuesday, March 4th. They set a “neutral” rating and a $16.50 price target on the stock. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.36.

Titan America Stock Down 2.9 %

TTAM opened at $13.83 on Wednesday. Titan America has a one year low of $13.44 and a one 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.