Today’s Price Action: Is Tata Motors Limited (ADR)’s Fuel For Real? The Stock Just Increased Again

Today's Price Action: Is Tata Motors Limited (ADR)'s Fuel For Real? The Stock Just Increased Again

The stock of Tata Motors Limited (ADR) (NYSE:TTM) is a huge mover today! About 684,525 shares traded hands. Tata Motors Limited (ADR) (NYSE:TTM) has risen 35.91% since April 5, 2016 and is uptrending. It has outperformed by 33.95% the S&P500.
The move comes after 5 months positive chart setup for the $26.02B company. It was reported on Nov, 8 by Barchart.com. We have $62.50 PT which if reached, will make NYSE:TTM worth $14.31B more.

Tata Motors Limited (ADR) (NYSE:TTM) Ratings Coverage

Out of 5 analysts covering TTM Tech (NYSE:TTM), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. TTM Tech has been the topic of 8 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Monday, June 27 by Credit Suisse. Bernstein upgraded Tata Motors Limited (ADR) (NYSE:TTM) on Tuesday, November 3 to “Outperform” rating. The firm earned “Sell” rating on Monday, November 23 by Goldman Sachs. On Monday, August 10 the stock rating was upgraded by Stifel Nicolaus to “Hold”. The rating was downgraded by Zacks on Friday, August 14 to “Hold”. The company was downgraded on Friday, September 9 by Bernstein. The stock of Tata Motors Limited (ADR) (NYSE:TTM) earned “Buy” rating by Stifel Nicolaus on Monday, January 11. The stock of Tata Motors Limited (ADR) (NYSE:TTM) earned “Buy” rating by Needham on Thursday, August 6.

According to Zacks Investment Research, “Tata Motors is India’s leading automotive manufacturer.”

More recent Tata Motors Limited (ADR) (NYSE:TTM) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on July 12, 2009. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. Investorplace.com‘s news article titled: “Why Celator Pharmaceuticals Inc (CPXX), Tata Motors Limited (ADR) (TTM) and …” with publication date: May 31, 2016 was also an interesting one.

TTM Company Profile

Tata Motors Limited, incorporated on September 1, 1945, is an automobile company. The Firm is engaged in manufacture of motor vehicles. The Company’s divisions include automotive activities and all other operations. The Firm 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 Firm markets its commercial and passenger vehicles in various countries in Africa, the Middle East, South East Asia, South Asia, Australia, and Russia and the Commonwealth of Independent States countries. The Firm operates in over 160 countries across the world.

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