Tile Shop Hldgs Price Target Cut to $17.00 by Analysts at Telsey Advisory Group (TTS)
Research analysts at Telsey Advisory Group dropped their target price on shares of Tile Shop Hldgs (NYSE:TTS) from $20.00 to $17.00 in a report released on Tuesday, American Banking and Market News reports. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price objective would indicate a potential upside of 15.49% from the stock’s previous close.
Tile Shop Hldgs (NYSE:TTS) traded down 4.55% on Tuesday, hitting $14.05. 1,111,652 shares of the company’s stock traded hands. Tile Shop Hldgs has a 1-year low of $10.05 and a 1-year high of $30.88. The stock’s 50-day moving average is $17.15 and its 200-day moving average is $22.96. The company’s market cap is $719.2 million.
A number of other analysts have also recently weighed in on TTS. Analysts at CJS Securities upgraded shares of Tile Shop Hldgs to an “outperform” rating in a research note to investors on Tuesday. Separately, analysts at Wedbush reiterated a “buy” rating on shares of Tile Shop Hldgs in a research note to investors on Tuesday. Finally, analysts at Robert W. Baird downgraded shares of Tile Shop Hldgs from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday. They now have a $13.00 price target on the stock, down previously from $24.00. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $20.67.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.