Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tata Motors (TTM) Stock Price

News coverage about Tata Motors (NYSE:TTM) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tata Motors earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the company an impact score of 44.1486990428379 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Tata Motors (NYSE TTM) traded down $0.02 on Tuesday, reaching $31.11. The company had a trading volume of 540,347 shares, compared to its average volume of 1,311,841. The company has a market cap of $19,940.00, a P/E ratio of 20.38, a P/E/G ratio of 0.23 and a beta of 2.21. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.63 and a current ratio of 0.98. Tata Motors has a 52-week low of $28.97 and a 52-week high of $40.34.

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Tata Motors from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. BidaskClub downgraded Tata Motors from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. ValuEngine upgraded Tata Motors from a “hold” rating to a “buy” rating in a research note on Friday. Sanford C. Bernstein downgraded Tata Motors from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $45.00 to $30.00 in a research note on Friday, August 11th. Finally, Morgan Stanley downgraded Tata Motors from an “overweight” rating to an “equal weight” rating in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Tata Motors currently has a consensus rating of “Hold” and an average price target of $33.00.

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About Tata Motors

Tata Motors Limited is an automobile company. The Company is engaged in manufacture of motor vehicles. The Company is engaged mainly in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. The Company’s segments include automotive operations and all other operations.

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