Titan America SA (NYSE:TTAM) Given Consensus Recommendation of "Moderate Buy" by Analysts

Titan America SA (NYSE:TTAM - Get Free Report) has earned an average rating of "Moderate Buy" from the nine analysts that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $17.29.

Several equities analysts recently commented on the stock. Citigroup assumed coverage on shares of Titan America in a research note on Tuesday, March 4th. They set a "buy" rating and a $19.00 price objective for the company. The Goldman Sachs Group lowered their price objective on Titan America from $19.00 to $16.50 and set a "neutral" rating on the stock in a research report on Friday, March 28th. Sanford C. Bernstein began coverage on Titan America in a research report on Tuesday, March 4th. They set a "market perform" rating and a $17.00 target price for the company. BNP Paribas raised Titan America to a "hold" rating in a report on Tuesday, March 4th. Finally, Bank of America cut their price objective on Titan America from $16.50 to $15.50 and set a "neutral" rating for the company in a report on Thursday, March 27th.

Titan America Trading Up 2.5 %

Shares of TTAM stock opened at $13.07 on Thursday. The firm's fifty day simple moving average is $13.47. Titan America has a 1 year low of $10.80 and a 1 year high of $17.78.

Titan America (NYSE:TTAM - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.01). The company had revenue of $389.82 million during the quarter, compared to analyst estimates of $393.17 million.

Titan America Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, April 7th were given a $0.38 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a yield of 5.73%.

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.

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