ValuEngine upgraded shares of Tata Motors (NYSE:TTM) from a hold rating to a buy rating in a report issued on Friday.
TTM has been the topic of several other research reports. Stifel Nicolaus raised Tata Motors from a hold rating to a buy rating in a research note on Friday, August 25th. Zacks Investment Research raised Tata Motors from a hold rating to a buy rating and set a $35.00 price target on the stock in a research note on Friday, August 11th. Sanford C. Bernstein lowered Tata Motors from an outperform rating to a market perform rating and cut their price target for the company from $45.00 to $30.00 in a research note on Friday, August 11th. BidaskClub lowered Tata Motors from a sell rating to a strong sell rating in a research note on Saturday, August 12th. Finally, Morgan Stanley lowered 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 assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $33.00.
Shares of Tata Motors (NYSE:TTM) traded up $0.36 on Friday, hitting $31.13. The stock had a trading volume of 959,400 shares, compared to its average volume of 1,315,152. The company has a quick ratio of 0.63, a current ratio of 0.98 and a debt-to-equity ratio of 0.79. Tata Motors has a twelve month low of $28.97 and a twelve month high of $40.34. The firm has a market capitalization of $20,897.01, a price-to-earnings ratio of 20.38, a PEG ratio of 0.23 and a beta of 2.20.
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Tata Motors Company Profile
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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