Titan America (NYSE:TTAM) Sets New 52-Week Low - Should You Sell?

Shares of Titan America SA (NYSE:TTAM - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $14.35 and last traded at $14.88, with a volume of 857133 shares. The stock had previously closed at $15.55.

Analyst Ratings Changes

TTAM has been the subject of a number of research analyst reports. Bank of America initiated coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a "neutral" rating and a $16.50 price target for the company. Jefferies Financial Group began coverage on Titan America in a research note on Wednesday. They issued a "buy" rating and a $19.00 target price for the company. Citigroup started coverage on Titan America in a research note on Tuesday, March 4th. They set a "buy" rating and a $19.00 price target on the stock. The Goldman Sachs Group assumed coverage on Titan America in a research note on Tuesday, March 4th. They issued a "neutral" rating and a $19.00 price objective for the company. Finally, Sanford C. Bernstein assumed coverage on Titan America in a research report on Tuesday, March 4th. They issued a "market perform" rating and a $17.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Titan America has an average rating of "Hold" and a consensus price target of $18.25.

Titan America Price 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.