Analyst Ratings for Tata Motors Ltd. ADR (TTM)

Updated: 2017-07-28

Analysts covering Tata Motors Ltd. ADR (NYSE:TTM) have given it a consensus rating of Overweight. TTM had previously received a consensus rating of Overweight a month ago.

Of the 41 analysts covering the stock, 26 gave it a buy rating, 6 gave an overweight rating, 5 issued a hold rating, 3 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 4 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Investment analysts gave a few price targets for TTM. The most optimistic price target was 51.42, which equates to a potential upside of 48.61 percent. The lowest price target was 26.22, implying a possible loss of -24.22 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.71 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.97 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

TTM has an estimated earnings growth rate of 149.06 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TTM is 0.14.

TTM has traded between a high of 44.79 and a low of 31.71 over the past year. The current market price is above the trailing year's low by 9.11 percent, and 22.75 percent below the high. TTM has a price/earnings ratio of 21.12. Investors typically compare the P/E ratio to a company's peers in the industry. The TTM value stock report compares TTM to some of its peers using value stock charts. The market cap of TTM is $22.15 billion. TTM will post this quarters earnings in days, on 0000-00-00.