Tata Motors Ltd Tata Motors Lim – Consensus Indicates Potential 24.7% Upside

Broker Ratings

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 range between the high target price and low target price is between 38.2 and 35 and has a mean target at 36.6. Now with the previous closing price of 29.36 this is indicating there is a potential upside of 24.7%. The day 50 moving average is 32.45 and the 200 day MA is 26.64. The market capitalisation for the company is $23,587m. You can visit the company’s website by visiting: https://www.tatamotors.com

The potential market cap would be $29,404m based on the market concensus.

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Tata Motors Limited designs, develops, manufactures, and sells a range of 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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