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 analyst gave a price target of 51.42, implying a possible profit of 48.61 percent. The most pessimistic price target was 26.22, which equates to a potential downside of -24.22 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of TTM is 0.14.

TTM has a 52-week high of 44.79 and a 52-week low of 31.71. 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 P/E 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 stock has a market capitalization of $22.15 billion. TTM's next earnings release will be on 0000-00-00, which is days away.