Tata Motors Limited (NYSE:TTM) has been given a consensus recommendation of “Hold” by the eight research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and seven have given a hold recommendation to the company.

Several research analysts have weighed in on the company. Bank of America downgraded Tata Motors from a “buy” rating to a “neutral” rating in a research note on Friday, February 8th. Zacks Investment Research upgraded Tata Motors from a “sell” rating to a “hold” rating in a research note on Wednesday. Nomura reiterated a “neutral” rating on shares of Tata Motors in a research note on Friday, February 8th. Finally, ValuEngine downgraded Tata Motors from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th.

NYSE:TTM traded up $0.14 during mid-day trading on Friday, reaching $13.03. 10,657 shares of the stock were exchanged, compared to its average volume of 1,686,892. The company has a market capitalization of $8.75 billion, a PE ratio of 5.55, a P/E/G ratio of -4.19 and a beta of 1.51. The company has a quick ratio of 0.55, a current ratio of 0.92 and a debt-to-equity ratio of 0.75. Tata Motors has a 1 year low of $10.29 and a 1 year high of $27.87.

Tata Motors (NYSE:TTM) last announced its earnings results on Thursday, February 7th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.31). Tata Motors had a negative net margin of 8.55% and a positive return on equity of 3.13%. The company had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $11.03 billion. As a group, sell-side analysts anticipate that Tata Motors will post 0.98 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Tata Motors by 8.9% in the 3rd quarter. Vanguard Group Inc. now owns 371,729 shares of the company’s stock valued at $5,710,000 after buying an additional 30,483 shares during the period. Wetherby Asset Management Inc. lifted its holdings in shares of Tata Motors by 33.2% in the 3rd quarter. Wetherby Asset Management Inc. now owns 16,240 shares of the company’s stock valued at $249,000 after buying an additional 4,048 shares during the period. Hanson & Doremus Investment Management lifted its holdings in shares of Tata Motors by 24.4% in the 4th quarter. Hanson & Doremus Investment Management now owns 112,625 shares of the company’s stock valued at $1,372,000 after buying an additional 22,081 shares during the period. Westside Investment Management Inc. lifted its holdings in shares of Tata Motors by 1,450.0% in the 4th quarter. Westside Investment Management Inc. now owns 3,100 shares of the company’s stock valued at $38,000 after buying an additional 2,900 shares during the period. Finally, Trexquant Investment LP acquired a new stake in shares of Tata Motors in the 3rd quarter valued at approximately $170,000. 7.62% of the stock is owned by institutional investors and hedge funds.

About Tata Motors

Tata Motors Limited designs, manufactures, and sells a range of automotive vehicles. It operates through Automotive Operations and All Other Operations segments. The company offers cars, sports vehicles, trucks, buses, and defence vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial and marine applications; aggregates, such as axles and transmissions for commercial vehicles; and factory automation equipment.

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Analyst Recommendations for Tata Motors (NYSE:TTM)

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