Titan America Receives Buy Rating from Jefferies Financial Group

Analysts from Jefferies Financial Group have recently initiated coverage on Titan America (NYSE:TTAM) in a research report published on Wednesday. In their assessment, they assigned a "buy" rating along with a target price of $19.00 for the stock. This price target suggests a potential upside of approximately 27.69% from Titan America's current trading price.

Additionally, several other equity research analysts have also shared their insights on Titan America. Stifel Nicolaus, in a report released on Tuesday, also provided a "buy" rating with a target price of $19.00. The Goldman Sachs Group set a "neutral" rating with a similar target price of $19.00, while Sanford C. Bernstein began coverage with a "market perform" rating and a slightly lower target of $17.00. Meanwhile, Bank of America and Citigroup both initiated their coverage on the company, with Bank of America giving a "neutral" rating at $16.50 and Citigroup also issuing a "buy" rating with a target price of $19.00. Thus far, three analysts have rated the stock as a hold, while three others have indicated a buy rating. According to MarketBeat data, Titan America has an overall rating of "Moderate Buy" with an average consensus price target of $18.25.

Titan America Stock Performance

As of Wednesday, Titan America's shares opened at $14.88. The stock has seen a 1-year low of $14.35 and a 1-year high of $17.78, indicating a generally stable range within the past year.

About Titan America

Titan America is recognized as a leading vertically integrated manufacturer and supplier of heavy building materials and services, primarily operating along the Eastern Seaboard of the United States. The company focuses on providing building materials that generate lower carbon emissions compared to traditional options, as well as promoting the beneficial reuse of waste materials.

Investment Considerations

Before considering an investment in Titan America, potential investors are encouraged to review the recent analyst ratings and market conditions. Although the company currently holds a hold rating among various analysts, there are other stocks identified by top-rated analysts that may present better investment opportunities.

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