Company chares are trading at $35.55 which is marginally higher than the 50 day moving average of $35.20 and which is just a bit below the 200 day moving average of $35.63.
TRADEMARK VIOLATION WARNING: "Tata Motors (NYSE:TTM) Receiving Somewhat Favorable Press Coverage, Study Finds" was first published by BBNS and is owned by of BBNS.
Several research firms have recently commented on TTM. Zacks Investment Research upgraded shares of Tata Motors from a "hold" rating to a "buy" rating and set a $41.00 target price on the stock in a research note on Saturday, May 27th. PNC Financial Services Group Inc. boosted its stake in shares of Tata Motors Limited by 439.5% in the first quarter. Azimuth Capital Management LLC now owns 61,170 shares of the company's stock valued at $2,181,000 after buying an additional 5,570 shares during the last quarter.
Analysts' mean recommendation for Tata Motors Limited (TTM) stands at 1.00. Accern also gave news coverage about the company an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term. Finally, ValuEngine downgraded shares of Tata Motors Limited from a "buy" rating to a "hold" rating in a report on Saturday, June 3rd. Tata Motors makes up approximately 2.0% of New Silk Road Investment PTE Ltd.'s holdings, making the stock its 4th largest position. Daiwa SB Investments Ltd. increased its stake in Tata Motors by 31.8% in the first quarter. BidaskClub downgraded Tata Motors from a "hold" rating to a "sell" rating in a report on Wednesday, July 5th. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States and worldwide copyright legislation. Stifel Financial Corp purchased a new stake in Tata Motors during the first quarter valued at $209,000.
The stock volatility for week was 1.30% while for month was 1.44%.The stock, as of last close, traded 11.51% to its 52 week low and was changed -21.05% from its 52 week high.TTM's value Change from Open was at -0.06% with a Gap of -0.48%. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. Lazard Asset Management LLC now owns 2,301,509 shares of the company's stock valued at $82,047,000 after buying an additional 370,197 shares in the last quarter.
In other news, Director Carlos Yong acquired 300,000 shares of Tata Motors stock in a transaction on Tuesday, June 13th. The stock was purchased at an average price of $0.30 per share, for a total transaction of $90,000.00. The correct version of this piece of content can be read at https://sportsperspectives.com/2017/07/16/tata-motors-nysettm-receives-daily-news-sentiment-rating-of-0-04-updated.html.
Speaking on this new innovation, R.T. Wasan, Head -Sales & Marketing, Commercial Vehicles, Tata Motors Ltd. said, "Tata Motors has been a pioneer in creating and growing the Small Commercial Vehicle market in India with its varied portfolio in this segment". The institutional investor held 1.35 million shares of the auto manufacturing company at the end of 2016Q4, valued at $46.75M, up from 780,093 at the end of the previous reported quarter.