Tata Motors Ltd Tata Motors Lim – Consensus indicates 18.2% upside potential

Tata Motors Ltd Tata Motors Lim with ticker code (TTM) now have 2 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 38.2 and 28 by calculating the average target price we have 33.1. Now, with the previous closing price of 28.01, this would indicate that there is 18.2% upside potential. The 50-day MA is 27.85 while the 200-day moving average is 28.65. The market cap of the company is $21,590 million. More information on: https://www.tatamotors.com

The potential market capitalization would be $25,513 million based on market consensus.

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Tata Motors Limited designs, develops, manufactures and sells various motor vehicles. The company offers passenger cars; commercial vehicles; medium and light commercial vehicles; small, medium and heavy commercial vehicles; defense vehicles; vans, wingers, buses and trucks; and electric vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial and marine applications; aggregates comprising axles and transmissions for utility vehicles; and factory automation equipment, as well as information technology and vehicle finance services. The company offers its products under the Tata, Daewoo, Fiat, Jaguar and Land Rover brands. It operates in India, China, USA, UK, rest of Europe and internationally. The company was previously known as Tata Engineering and Locomotive Company Limited and changed its name to Tata Motors Limited in July 2003. Tata Motors Limited was incorporated in 1945 and is headquartered in Mumbai, India.

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