HSBC analyst Wesley Brooks initiated coverage of Titan America (TTAM) with a Buy rating and $19 price target Titan is the leading cement and heavy-side building materials producer in Florida and the Mid-Atlantic, with 30% share in its markets and a vertically integrated strategy, the analyst tells investors in a research note. The firm says the shares have declined 6% following the February initial public offering and offer a “compelling valuation.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTAM:
- Royal Caribbean upgraded, AppLovin downgraded: Wall Street’s top analyst calls
- Strong Buy Recommendation for Titan America SA: Market Leadership, Financial Strength, and Strategic Positioning
- Titan America initiated with a Buy at Jefferies
- Okta upgraded, Quest Diagnostics downgraded: Wall Street’s top analyst calls
- Titan America initiated with a Neutral at BofA
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue