Titan America (NYSE:TTAM) Price Target Cut to $16.00 by Analysts at Stifel Nicolaus

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

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

Titan America Trading Down 1.1 %

Shares of TTAM stock opened at $13.16 on Friday. Titan America has a one year low of $12.61 and a one year high of $17.78.

Titan America (NYSE:TTAM) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The business had revenue of $389.82 million during the quarter, compared to analyst estimates of $393.17 million.

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.