J P Morgan Chase & Co Begins Coverage on TI Fluid Systems (TIFS)
J P Morgan Chase & Co assumed coverage on shares of TI Fluid Systems (LON:TIFS) in a research note issued to investors on Wednesday. The firm set a “neutral” rating and a GBX 300 ($4.04) price target on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 23.22% from the stock’s current price.
Other equities analysts have also issued reports about the stock. Citigroup began coverage on shares of TI Fluid Systems in a research report on Tuesday, December 5th. They set a “neutral” rating for the company. Goldman Sachs Group began coverage on shares of TI Fluid Systems in a research report on Tuesday, December 5th. They set a “buy” rating and a GBX 323 ($4.35) price target for the company. Finally, Deutsche Bank began coverage on shares of TI Fluid Systems in a research report on Wednesday, December 6th. They set a “buy” rating and a GBX 350 ($4.71) price target for the company.
TI Fluid Systems (TIFS) traded down GBX 6.54 ($0.09) during mid-day trading on Wednesday, reaching GBX 243.46 ($3.28). 8,290,000 shares of the company were exchanged, compared to its average volume of 1,090,000. TI Fluid Systems has a one year low of GBX 239 ($3.22) and a one year high of GBX 270 ($3.63).
TI Fluid Systems PLC, formerly TI Fluid Systems Limited, is a United Kingdom-based manufacturer of engineered fluid storage, carrying and delivery systems, primarily providing products and services for light vehicles. The Company operates Group operates with two divisions: the Fluid Carrying Systems (FCS) division and Fuel Tank and Delivery Systems (FTDC) division.
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