Titan America (NYSE:TTAM) Reaches New 12-Month Low - Time to Sell?

Titan America SA (NYSE:TTAM - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $13.93 and last traded at $14.24, with a volume of 394386 shares. The stock had previously closed at $15.08.

Wall Street Analyst Weigh In

TTAM has been the subject of a number of research analyst reports. BNP Paribas raised shares of Titan America to a "hold" rating in a report on Tuesday, March 4th. The Goldman Sachs Group started coverage on shares of Titan America in a research note on Tuesday, March 4th. They set a "neutral" rating and a $19.00 target price for the company. Bank of America began coverage on shares of Titan America in a research report on Tuesday, March 4th. They issued a "neutral" rating and a $16.50 price target on the stock. Jefferies Financial Group assumed coverage on Titan America in a report on Wednesday, March 5th. They issued a "buy" rating and a $19.00 price target on the stock. Finally, Citigroup initiated coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a "buy" rating and a $19.00 target price for the company. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $18.36.

Titan America Stock Performance

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.