TI Fluid Systems PLC (LON:TIFS) has earned an average rating of “Buy” from the six analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 273.83 ($3.58).
Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. cut TI Fluid Systems to a “neutral” rating and lowered their target price for the company from GBX 215 ($2.81) to GBX 205 ($2.68) in a research note on Friday. Peel Hunt reissued a “buy” rating and issued a GBX 335 ($4.38) target price on shares of TI Fluid Systems in a research note on Thursday. Deutsche Bank lowered their target price on TI Fluid Systems from GBX 350 ($4.57) to GBX 300 ($3.92) and set a “buy” rating for the company in a research note on Thursday, September 26th. Peel Hunt reissued a “buy” rating and issued a GBX 335 ($4.38) target price on shares of TI Fluid Systems in a research note on Thursday. Finally, Goldman Sachs Group lifted their price objective on TI Fluid Systems from GBX 197 ($2.57) to GBX 223 ($2.91) and gave the stock a “buy” rating in a research note on Friday.
Shares of LON TIFS traded up GBX 11.50 ($0.15) during midday trading on Thursday, hitting GBX 220.50 ($2.88). The stock had a trading volume of 847,744 shares, compared to its average volume of 251,273. The company’s 50-day simple moving average is GBX 191 and its 200 day simple moving average is GBX 189.92. The firm has a market cap of $1.14 billion and a P/E ratio of 7.45. TI Fluid Systems has a fifty-two week low of GBX 151.28 ($1.98) and a fifty-two week high of GBX 219 ($2.86). The company has a debt-to-equity ratio of 114.84, a current ratio of 1.82 and a quick ratio of 1.26.
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.
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