Is This Stock a Screaming Buy: Tata Motors Limited (NYSE:TTM)

Equity Research firms currently have a positive stance on shares of Tata Motors Limited (NYSE:TTM). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $43.50 on a short term basis.

At the time of writing, the stock was trading at $42.33. This represents a change from the opening price of 0.17%. In terms of performance, year to date, the stock is 40.88%. The monthly stock performance comes in at -6.30%. For the quarter, shares are performing at 17.35%. Weekly performance analysis shows the equity at 5.54%.

In taking a look at technical levels, shares are trading 5.91% away from the 50 day simple moving average and 32.38% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -5.49% away from it’s 52- week high and 111.74% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Tata Motors Limited’s RSI stands at 58.76. In looking at volatility levels, the shares saw weekly volatility of 1.55% and 1.51% over the past month.

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