Stifel Nicolaus Cuts Titan America (NYSE:TTAM) Price Target to $16.00

Titan America (NYSE:TTAMFree Report) had its price target trimmed by Stifel Nicolaus from $19.00 to $16.00 in a research report report published on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

TTAM has been the topic of several other research reports. Bank of America reduced their target price on shares of Titan America from $16.50 to $15.50 and set a “neutral” rating on the stock in a research note on Thursday. Citigroup assumed coverage on shares of Titan America in a report on Tuesday, March 4th. They set a “buy” rating and a $19.00 target price for the company. The Goldman Sachs Group began coverage on Titan America in a research note on Tuesday, March 4th. They issued a “neutral” rating and a $19.00 price target on the stock. Sanford C. Bernstein began coverage on Titan America in a research note on Tuesday, March 4th. They set a “market perform” rating and a $17.00 price objective for the company. Finally, Jefferies Financial Group initiated coverage on Titan America in a research note on Wednesday, March 5th. They issued a “buy” rating and a $19.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.43.

Read Our Latest Analysis on Titan America

Titan America Stock Performance

TTAM stock opened at $13.16 on Friday. Titan America has a fifty-two week low of $12.61 and a fifty-two week high of $17.78.

Titan America (NYSE:TTAMGet Free Report) last released its earnings results on Wednesday, March 26th. The company reported $0.21 earnings per share 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 the consensus estimate of $393.17 million.

Titan America Company Profile

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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.

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Analyst Recommendations for Titan America (NYSE:TTAM)

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