Deutsche Bank Upgrades Tata Motors Limited (ADR) to Hold (TTM)
Tata Motors Limited (ADR) (NYSE: TTM) was upgraded by equities research analysts at Deutsche Bank (NYSE: DB) from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.
Separately, analysts at HSBC (NYSE: HBC) initiated coverage on shares of Tata Motors Limited (ADR) in a research note to investors on Thursday, May 3rd. They set an “overweight” rating on the stock.
Shares of Tata Motors Limited (ADR) opened at 21.995 on Wednesday. Tata Motors Limited (ADR) has a one year low of $14.33 and a one year high of $30.63.
Tata Motors Limited (Tata Motors) is an automobile company. 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.