Titan America (NYSE:TTAM) Sets New 1-Year Low – Should You Sell?

Titan America SA (NYSE:TTAM) shares hit a new 52-week low on Wednesday . The stock traded as low as $14.35 and last traded at $14.88, with a volume of 857133 shares changing hands. The stock had previously closed at $15.55.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. The Goldman Sachs Group started coverage on shares of Titan America in a research report on Tuesday. They issued a “neutral” rating and a $19.00 target price for the company. Bank of America assumed coverage on shares of Titan America in a research note on Tuesday. They issued a “neutral” rating and a $16.50 price target on the stock. Citigroup began coverage on shares of Titan America in a report on Tuesday. They issued a “buy” rating and a $19.00 target price on the stock. Sanford C. Bernstein began coverage on shares of Titan America in a report on Tuesday. They set a “market perform” rating and a $17.00 price target on the stock. Finally, Stifel Nicolaus initiated coverage on shares of Titan America in a research report on Tuesday. They set a “buy” rating and a $19.00 target price on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Titan America presently has a consensus rating of “Hold” and a consensus price target of $18.10.

Titan America Trading Down 4.3 %

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.