Titan America (NYSE:TTAM) Shares Gap Down – Here’s What Happened

Titan America SA (NYSE:TTAM) shares gapped down before the market opened on Wednesday . The stock had previously closed at $13.70, but opened at $13.39. Titan America shares last traded at $13.64, with a volume of 6,209 shares.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Hsbc Global Res raised Titan America to a “strong-buy” rating in a research report on Wednesday, March 12th. HSBC initiated coverage on Titan America in a report on Wednesday, March 12th. They issued a “buy” rating and a $19.00 price objective for the company. Stifel Nicolaus started coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 target price on the stock. Bank of America initiated coverage on shares of Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $16.50 price target for the company. Finally, BNP Paribas upgraded shares of Titan America to a “hold” rating in a research note on Tuesday, March 4th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.36.

Titan America Stock Down 1.5 %

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.