Taminco Corp PT Raised to $25.00 at Jefferies Group (TAM)
Jefferies Group hoisted their price target on shares of Taminco Corp (NYSE:TAM) from $24.00 to $25.00 in a research note issued on Wednesday, Analyst Ratings.Net reports. Jefferies Group’s target price would indicate a potential upside of 17.43% from the stock’s previous close.
Separately, analysts at Goldman Sachs downgraded shares of Taminco Corp from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.25.
Taminco Corp (NYSE:TAM) traded up 3.95% on Wednesday, hitting $22.13. The stock had a trading volume of 474,496 shares. Taminco Corp has a 52 week low of $13.75 and a 52 week high of $23.30. The stock has a 50-day moving average of $20.90 and a 200-day moving average of $20.43. The company has a market cap of $1.469 billion and a price-to-earnings ratio of 608.29.
Taminco Corp (NYSE:TAM) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.07 by $0.20. On average, analysts predict that Taminco Corp will post $0.81 earnings per share 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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