Taminco Corp PT Raised to $24.00 (TAM)
Jefferies Group hoisted their target price on shares of Taminco Corp (NYSE:TAM) from $23.00 to $24.00 in a research note issued on Monday, American Banking News.com reports. Jefferies Group’s target price suggests a potential upside of 17.59% from the stock’s previous close.
Shares of Taminco Corp (NYSE:TAM) opened at 20.41 on Monday. Taminco Corp has a one year low of $13.75 and a one year high of $23.30. The stock has a 50-day moving average of $20.51 and a 200-day moving average of $20.49. The company has a market cap of $1.355 billion and a P/E ratio of 586.29.
Taminco Corp (NYSE:TAM) last released its earnings data on Thursday, November 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.08. Analysts expect that Taminco Corp will post $0.45 EPS for the current fiscal year.
TAM SA (NYSE:TAM) is a Brazil-based company engaged in providing scheduled air transportation in both the domestic and the international markets through the Company’s operating subsidiaries, TAM Linhas Aereas SA (TAM Linhas Aereas), Transportes Aereos Del Mercosur SA (TAM Mercosur) and Pantanal Linhas Aereas SA The Company offers flights throughout Brazil.
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