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

Titan America SA (NYSE:TTAM) gapped down before the market opened on Wednesday . The stock had previously closed at $13.70, but opened at $13.39. Titan America shares last traded at $13.64, with a volume of 6,209 shares traded.

Wall Street Analysts Forecast Growth

TTAM has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a “market perform” rating and a $17.00 price target for the company. Jefferies Financial Group began coverage on shares of Titan America in a report on Wednesday, March 5th. They issued a “buy” rating and a $19.00 target price for the company. Bank of America started coverage on Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $16.50 price target on the stock. BNP Paribas raised Titan America to a “hold” rating in a report on Tuesday, March 4th. Finally, Citigroup started coverage on Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Titan America has a consensus rating of “Moderate Buy” and a consensus target price of $18.36.

Titan America Price Performance

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.