TI Fluid Systems PLC (LON:TIFS) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 239 ($3.22) and last traded at GBX 243 ($3.27), with a volume of 8286901 shares changing hands. The stock had previously closed at GBX 243 ($3.27).

A number of equities research analysts have issued reports on the company. Citigroup reaffirmed a “neutral” rating and issued a GBX 293 ($3.94) price target on shares of TI Fluid Systems in a research report on Thursday. J P Morgan Chase & Co started coverage on TI Fluid Systems in a research report on Wednesday. They set a “neutral” rating and a GBX 300 ($4.04) target price on the stock. Goldman Sachs Group started coverage on TI Fluid Systems in a research report on Tuesday, December 5th. They set a “buy” rating and a GBX 323 ($4.35) target price on the stock. Finally, Deutsche Bank started coverage on TI Fluid Systems in a research report on Wednesday, December 6th. They set a “buy” rating and a GBX 350 ($4.71) target price on the stock.

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About TI Fluid Systems

TI Fluid Systems PLC, formerly TI Fluid Systems Limited, is a United Kingdom-based manufacturer of engineered fluid storage, carrying and delivery systems, primarily providing products and services for light vehicles. The Company operates Group operates with two divisions: the Fluid Carrying Systems (FCS) division and Fuel Tank and Delivery Systems (FTDC) division.

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