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.
Several price targets were given for TTM by the analysts covering the stock. The highest price target was 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TTM to grow at a rate of 149.06 percent. Another measure frequently examined by investors is 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. TTM has a PEG ratio of 0.14.
TTM has a 52-week high of 44.79 and a 52-week low of 31.71. Currently the stock is 9.11 percent higher than its low, and 22.75 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.