Jefferies Financial Group Initiates Coverage on Titan America (NYSE:TTAM)

Jefferies Financial Group began coverage on shares of Titan America (NYSE:TTAM) in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage set a “buy” rating and a $19.00 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 24.84% from the stock’s current price.

Several other brokerages have also recently issued reports on TTAM. Sanford C. Bernstein started coverage on shares of Titan America in a report on Tuesday. They issued a “market perform” rating and a $17.00 target price for the company. Bank of America initiated coverage on shares of Titan America in a report on Tuesday. They set a “neutral” rating and a $16.50 price objective for the company. Citigroup initiated coverage on shares of Titan America in a research report on Tuesday. They set a “buy” rating and a $19.00 target price for the company. Stifel Nicolaus began coverage on shares of Titan America in a research report on Tuesday. They set a “buy” rating and a $19.00 target price for the company. Finally, The Goldman Sachs Group assumed coverage on shares of Titan America in a research report on Tuesday. They issued a “neutral” rating and a $19.00 price target for the company. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Titan America has a consensus rating of “Hold” and an average price target of $18.25.

Titan America Price Performance

Shares of TTAM opened at $15.22 on Wednesday. Titan America has a 1-year low of $14.35 and a 1-year high of $17.78.

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.