Tata Motors Ltd Tata Motors Lim with ticker code (TTM) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 33.73 and 32 and has a mean target at 32.86. Given that the stocks previous close was at 26.25 this now indicates there is a potential upside of 25.2%. The day 50 moving average is 28.66 and the 200 moving average now moves to 29.11. The company has a market capitalisation of $18,585m. You can visit the company’s website by visiting: https://www.tatamotors.com
The potential market cap would be $23,265m based on the market concensus.
Tata Motors Limited designs, develops, manufactures, and sells various automotive vehicles. The company offers passenger cars; sports utility vehicles; intermediate and light commercial vehicles; small, medium, and heavy commercial vehicles; defense vehicles; pickups, wingers, buses, and trucks; and electric vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial and marine applications; aggregates comprising axles and transmissions for commercial vehicles; and factory automation equipment, as well as provides information technology and vehicle financing services. The company offers its products under the Tata, Daewoo, Harrier, Safari, Fiat, Nexon, Altroz, Punch, Tiago, Tigor, Jaguar, and Land Rover brands. It operates in India, China, the United States, the United Kingdom, rest of Europe, and internationally. The company was formerly known as Tata Engineering and Locomotive Company Limited and changed its name to Tata Motors Limited in July 2003. Tata Motors Limited was incorporated in 1945 and is headquartered in Mumbai, India.
