Zacks Gives Neutral Rating to Titanium Metals Corp (TIE)

By admin | 6 years ago

Titanium Metals Corp (NYSE: TIE)‘s stock had its “neutral” rating restated by Zacks in a report issued on Monday. They currently have a $14.00 target price on the stock.

Shares of Titanium Metals Corp opened at 13.32 on Monday. Titanium Metals Corp has a 52 week low of $12.75 and a 52 week high of $19.46. The company has a market cap of $2.333 billion and a P/E ratio of 21.28.

Titanium Metals Corp last announced its earnings results on Tuesday, May 8th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, analysts predict that Titanium Metals Corp will post $0.19 earnings per share next quarter.

Separately, analysts at Citigroup (NYSE: C) upgraded shares of Titanium Metals Corp from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, April 26th.

Titanium Metals Corporation (TIMET) is a producer of titanium melted and mill products. The Company has titanium production facilities in the United States and Europe.

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