Tata Motors Ltd Tata Motors Lim – Consensus indicates 9.8% upside potential

Tata Motors Ltd Tata Motors Lim with ticker code (TTM) now have 2 analysts covering the stock. Analyst consensus points to a buy rating. The range between the target price high and the target price low is between 36.83 and 35 calculating the middle target price we see 35.91. Given that the stock’s previous close was at 32.7, this indicates that there is upside potential of 9.8%. There is a 50-day moving average of 32.29 and the 200-day moving average is 25.46. The company has a market capitalization of $25,096 million. More information on: https://www.tatamotors.com

The potential market capitalization would be $27,560 million based on market consensus.

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Tata Motors Limited designs, develops, manufactures and sells a range of 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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