TI Fluid Systems (LON:TIFS) had its price target lifted by investment analysts at HSBC from GBX 235 ($3.07) to GBX 245 ($3.20) in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. HSBC’s price objective points to a potential upside of 43.27% from the stock’s current price.
Several other analysts have also recently commented on TIFS. Peel Hunt restated a “buy” rating on shares of TI Fluid Systems in a report on Monday. JPMorgan Chase & Co. restated an “overweight” rating on shares of TI Fluid Systems in a report on Tuesday, January 29th. Deutsche Bank restated a “buy” rating on shares of TI Fluid Systems in a report on Friday, November 9th. Finally, Goldman Sachs Group lowered their price target on TI Fluid Systems from GBX 330 ($4.31) to GBX 275 ($3.59) and set a “buy” rating for the company in a report on Wednesday, October 17th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 304.29 ($3.98).
TIFS opened at GBX 171 ($2.23) on Tuesday. TI Fluid Systems has a 12 month low of GBX 227 ($2.97) and a 12 month high of GBX 274 ($3.58).
TI Fluid Systems plc manufactures and supplies automotive fluid storage, carrying, and delivery systems for the light duty automotive market worldwide. The company operates through two segments, Fluid Carrying Systems, and Fuel Tank and Delivery Systems. The Fluid Carrying Systems segment offers brake and fuel lines/chassis bundles, such as double-wall and single-wall steel fluid carrying lines and bundles for brake and fuel systems; multi-layer plastic lines for vapor, thermal management, and exhaust treatment; sensor-integrated connectors for installation and system assembly; and heated plastic lines for selective catalyst reduction urea fluids.
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