Titan America (NYSE:TTAM) Sets New 1-Year Low – Time to Sell?

Titan America SA (NYSE:TTAM) hit a new 52-week low during trading on Tuesday . The company traded as low as $13.93 and last traded at $14.24, with a volume of 394386 shares changing hands. The stock had previously closed at $15.08.

Analyst Upgrades and Downgrades

TTAM has been the topic of a number of analyst reports. Jefferies Financial Group initiated coverage on Titan America in a report on Wednesday, March 5th. They set a “buy” rating and a $19.00 price objective on the stock. Stifel Nicolaus assumed coverage on Titan America in a report on Tuesday, March 4th. They set a “buy” rating and a $19.00 price objective on the stock. Bank of America assumed coverage on Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $16.50 target price for the company. Citigroup assumed coverage on Titan America in a research note on Tuesday, March 4th. They set a “buy” rating and a $19.00 target price for the company. Finally, The Goldman Sachs Group assumed coverage on Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $19.00 target price for the company. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $18.25.

Titan America Trading Down 5.6 %

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.