Titan America (NYSE:TTAM) Shares Down 5% – What’s Next?

Titan America SA (NYSE:TTAM) was down 5% on Tuesday . The stock traded as low as $14.35 and last traded at $14.77. Approximately 561,576 shares traded hands during trading, a decline of 0% from the average daily volume of 563,987 shares. The stock had previously closed at $15.55.

Analyst Ratings Changes

TTAM has been the topic of a number of research analyst reports. Bank of America began coverage on Titan America in a research note on Tuesday. They issued a “neutral” rating and a $16.50 price target on the stock. Sanford C. Bernstein began 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. Stifel Nicolaus started coverage on shares of Titan America in a research note on Tuesday. They set a “buy” rating and a $19.00 price target on the stock. The Goldman Sachs Group began coverage on shares of Titan America in a report on Tuesday. They issued a “neutral” rating and a $19.00 price target on the stock. Finally, Citigroup began coverage on Titan America in a report on Tuesday. They set a “buy” rating and a $19.00 price objective for the company. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.10.

Titan America Trading Down 4.3 %

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.