Hsbc Global Res Upgrades Titan America (NYSE:TTAM) to “Strong-Buy”

Titan America (NYSE:TTAM) was upgraded by equities researchers at Hsbc Global Res to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on TTAM. Sanford C. Bernstein began coverage on shares of Titan America in a research report on Tuesday, March 4th. They set a “market perform” rating and a $17.00 price objective for the company. Citigroup began coverage on shares of Titan America in a research note on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price target on the stock. Bank of America assumed coverage on Titan America in a report on Tuesday, March 4th. They set a “neutral” rating and a $16.50 target price for the company. 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 price target on the stock. Finally, HSBC assumed coverage on Titan America in a research note on Wednesday. They issued a “buy” rating and a $19.00 price objective for the company. Four investment 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.36.

Titan America Stock Up 2.4 %

Titan America stock opened at $13.46 on Wednesday. Titan America has a 12 month low of $12.89 and a 12 month 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.