HSBC Begins Coverage on Titan America (NYSE:TTAM)

Investment analysts at HSBC started 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 target price would suggest a potential upside of 37.38% from the stock’s previous close.

A number of other equities research analysts have also commented on the company. Citigroup began coverage on Titan America in a research report on Tuesday, March 4th. They set a “buy” rating and a $19.00 price target on the stock. BNP Paribas upgraded Titan America to a “hold” rating in a research report on Tuesday, March 4th. Sanford C. Bernstein initiated coverage on Titan America in a research report on Tuesday, March 4th. They issued a “market perform” rating and a $17.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Titan America in a research report on Tuesday, March 4th. They issued a “neutral” rating and a $19.00 price objective on the stock. Finally, Jefferies Financial Group initiated coverage on Titan America in a research report on Wednesday, March 5th. They issued a “buy” rating and a $19.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.36.

Titan America Stock Performance

TTAM stock opened at $13.83 on Wednesday. Titan America has a 1-year low of $13.44 and a 1-year high of $17.78.

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.