Peel Hunt Reaffirms “Buy” Rating for TI Fluid Systems (LON:TIFS)

Peel Hunt reaffirmed their buy rating on shares of TI Fluid Systems (LON:TIFS) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also commented on the company. JPMorgan Chase & Co. dropped their price target on TI Fluid Systems from GBX 240 ($3.14) to GBX 215 ($2.81) and set an overweight rating on the stock in a research report on Friday, August 9th. Goldman Sachs Group dropped their price target on TI Fluid Systems from GBX 260 ($3.40) to GBX 234 ($3.06) and set a buy rating on the stock in a research report on Tuesday, July 16th. Finally, Deutsche Bank reaffirmed a buy rating on shares of TI Fluid Systems in a research report on Friday, July 12th. Five research analysts have rated the stock with a buy rating, TI Fluid Systems has a consensus rating of Buy and an average target price of GBX 275.80 ($3.60).

Shares of TIFS opened at GBX 192.20 ($2.51) on Monday. The company has a current ratio of 1.82, a quick ratio of 1.26 and a debt-to-equity ratio of 114.84. TI Fluid Systems has a 1 year low of GBX 151.28 ($1.98) and a 1 year high of GBX 275 ($3.59). The stock has a market cap of $999.96 million and a P/E ratio of 6.49. The stock’s 50-day moving average price is GBX 178.85 and its two-hundred day moving average price is GBX 189.20.

The firm also recently declared a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 15th will be given a dividend of €0.03 ($0.04) per share. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, August 15th. TI Fluid Systems’s dividend payout ratio is currently 0.27%.

TI Fluid Systems Company Profile

TI Fluid Systems plc manufactures and supplies automotive fluid storage, carrying, and delivery systems for the light duty automotive market worldwide. The company operates through two segments, Fluid Carrying Systems, and Fuel Tank and Delivery Systems. The Fluid Carrying Systems segment offers brake and fuel lines/chassis bundles, such as double-wall and single-wall steel fluid carrying lines and bundles for brake and fuel systems; multi-layer plastic lines for vapor, thermal management, and exhaust treatment; sensor-integrated connectors for installation and system assembly; and heated plastic lines for selective catalyst reduction urea fluids.

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Analyst Recommendations for TI Fluid Systems (LON:TIFS)

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