Tata Motors Limited Upgraded to Buy at Jefferies Group (TTM)
Separately, analysts at Zacks upgraded shares of Tata Motors Limited from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 13th. They now have a $43.90 price target on the stock. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $43.90.
Shares of Tata Motors Limited (NYSE:TTM) opened at 48.19 on Tuesday. Tata Motors Limited has a one year low of $22.20 and a one year high of $48.26. The stock has a 50-day moving average of $42.60 and a 200-day moving average of $38.3. The company has a market cap of $31.022 billion and a price-to-earnings ratio of 10.51.
Tata Motors Limited (NYSE:TTM) last announced its earnings results on Monday, August 11th. The company reported $1.38 earnings per share for the quarter.
Tata Motors Limited is an automobile company. Through its other subsidiary, the Company is engaged in providing engineering and automotive solutions, construction equipment manufacturing, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, and automotive retailing and service operations.
Receive News & Ratings for Tata Motors Limited (ADR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tata Motors Limited (ADR) and related companies with Analyst Ratings Network's FREE daily email newsletter.