Brokerage Firm Rating Update on Tata Motors Ltd (TTM)

Tata Motors Ltd (TTM) : 1 brokerage houses believe that Tata Motors Ltd (TTM) is a Strong Buy at current levels. Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 1 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.


For this week, the average consensus of the company shares are rated as a Strong Buy.

Tata Motors Ltd (NYSE:TTM): The stock opened at $44.2 and touched an intraday high of $44.79 on Wednesday. During the day, the stock corrected to an intraday low of $44.18, however, the bulls stepped in and pushed the price higher to close in the green at $44.29 with a gain of 0.11% for the day. The total traded volume for the day was 1,548,125. The stock had closed at $44.24 in the previous trading session.

Tata Motors Limited is an automobile company. The Company is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. Its operating segments include automotive operations and all other operations. Its automotive segment operations include all activities relating to the development, design, manufacture, assembly and sale of vehicles, including vehicle financing, as well as sale of related parts and accessories. Its automotive operations are further subdivided into Tata and other brand vehicles (including vehicle financing) and Jaguar Land Rover. Its all other operations segment includes information technology services, and machine tools and factory automation solutions. Its commercial and passenger vehicles are marketed in countries in Europe, Africa, the Middle East, South East Asia, South Asia, South America, Australia, Commonwealth of Independent States and Russia.

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