JPMorgan Chase & Co. upgraded shares of TI Fluid Systems (LON:TIFS) to an overweight rating in a research note released on Tuesday. The firm currently has GBX 370 ($4.77) target price on the stock, up from their previous target price of GBX 300 ($3.87).

TIFS has been the topic of a number of other reports. Deutsche Bank reaffirmed a buy rating and issued a GBX 252 ($3.25) target price on shares of TI Fluid Systems in a research report on Monday, July 16th. Goldman Sachs Group upped their target price on TI Fluid Systems from GBX 329 ($4.24) to GBX 330 ($4.26) and gave the company a buy rating in a research report on Thursday, August 9th. Numis Securities reaffirmed a buy rating and issued a GBX 390 ($5.03) target price on shares of TI Fluid Systems in a research report on Wednesday, June 6th. Peel Hunt reaffirmed a buy rating and issued a GBX 380 ($4.90) target price (up from GBX 370 ($4.77)) on shares of TI Fluid Systems in a research report on Wednesday, August 8th. Finally, Citigroup reaffirmed a neutral rating on shares of TI Fluid Systems in a research report on Friday, July 13th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of GBX 350 ($4.51).

Shares of TIFS opened at GBX 287.20 ($3.70) on Tuesday. TI Fluid Systems has a 52-week low of GBX 227 ($2.93) and a 52-week high of GBX 274 ($3.53).

The firm also recently announced a dividend, which will be paid on Friday, September 28th. Shareholders of record on Thursday, August 16th will be given a €0.03 ($0.04) dividend. This represents a dividend yield of 1.01%. This is a positive change from TI Fluid Systems’s previous dividend of $0.01. The ex-dividend date of this dividend is Thursday, August 16th.

TI Fluid Systems Company Profile

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.

Further Reading: Average Daily Trade Volume – ADTV

Analyst Recommendations for TI Fluid Systems (LON:TIFS)

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