Tata Motors Ltd Tata Motors Lim – Consensus Indicates Potential 21.9% Upside

Broker Ratings

Tata Motors Ltd Tata Motors Lim found using ticker (TTM) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 38.2 and 28 with the average target price sitting at 33.1. Given that the stocks previous close was at 27.15 this now indicates there is a potential upside of 21.9%. The 50 day moving average now sits at 27.75 and the 200 day moving average is 29.03. The market capitalisation for the company is $20,411m. You can visit the company’s website by visiting: https://www.tatamotors.com

The potential market cap would be $24,884m based on the market concensus.

Tata Motors Limited designs, develops, manufactures, and sells various automotive vehicles. The company offers passenger cars; 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, Fiat, 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.

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