Titan America (NYSE:TTAM) Sets New 52-Week Low – What’s Next?

Titan America SA (NYSE:TTAM) hit a new 52-week low during mid-day trading on Tuesday . The stock 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.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TTAM. Stifel Nicolaus began coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price target on the stock. Jefferies Financial Group began coverage on shares of Titan America in a report on Wednesday, March 5th. They issued a “buy” rating and a $19.00 price target on the stock. BNP Paribas raised shares of Titan America to a “hold” rating in a research report on Tuesday, March 4th. Sanford C. Bernstein initiated 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 target for the company. Finally, Citigroup initiated coverage on shares of Titan America in a research report on Tuesday, March 4th. They set a “buy” rating and a $19.00 price target for the company. Four investment 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 stock presently has an average rating of “Moderate Buy” and an average price target of $18.36.

Titan America Stock Performance

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.