TI Fluid Systems’ (TIFS) “Buy” Rating Reiterated at Peel Hunt
Several other research analysts also recently commented on TIFS. Goldman Sachs Group cut their target price on TI Fluid Systems from GBX 330 ($4.31) to GBX 275 ($3.59) and set a buy rating on the stock in a report on Wednesday, October 17th. Deutsche Bank reissued a buy rating on shares of TI Fluid Systems in a research note on Friday, November 9th. Finally, JPMorgan Chase & Co. raised TI Fluid Systems to an overweight rating and dropped their price objective for the company from GBX 250 ($3.27) to GBX 240 ($3.14) in a research note on Tuesday, January 22nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of GBX 304.29 ($3.98).
Shares of TIFS opened at GBX 171 ($2.23) on Monday. TI Fluid Systems has a 12 month low of GBX 227 ($2.97) and a 12 month high of GBX 274 ($3.58).
TI Fluid Systems plc manufactures and supplies automotive fluid storage, carrying, and delivery systems for the light duty automotive market worldwide. The company operates through two segments, Fluid Carrying Systems, and Fuel Tank and Delivery Systems. The Fluid Carrying Systems segment offers brake and fuel lines/chassis bundles, such as double-wall and single-wall steel fluid carrying lines and bundles for brake and fuel systems; multi-layer plastic lines for vapor, thermal management, and exhaust treatment; sensor-integrated connectors for installation and system assembly; and heated plastic lines for selective catalyst reduction urea fluids.
Further Reading: What are Closed-End Mutual Funds?
Receive News & Ratings for TI Fluid Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TI Fluid Systems and related companies with MarketBeat.com's FREE daily email newsletter.