Tata Motors Ltd Tata Motors Lim – Consensus Indicates Potential 20.0% Upside

Broker Ratings

Tata Motors Ltd Tata Motors Lim found using ticker (TTM) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 31 and 27.35 and has a mean target at 29.17. Given that the stocks previous close was at 24.31 this indicates there is a potential upside of 20.0%. There is a 50 day moving average of 25.05 and the 200 moving average now moves to 26.64. The company has a market capitalisation of $19,057m. You can visit the company’s website by visiting: https://www.tatamotors.com

The potential market cap would be $22,867m based on the market concensus.

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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.

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