TIFS has been the subject of a number of other reports. JPMorgan Chase & Co. raised TI Fluid Systems to an overweight rating and lifted their target price for the company from GBX 300 ($3.92) to GBX 370 ($4.83) in a research report on Tuesday, August 28th. Peel Hunt reaffirmed a buy rating and set a GBX 350 ($4.57) target price (down from GBX 380 ($4.97)) on shares of TI Fluid Systems in a research report on Thursday. Citigroup reaffirmed a neutral rating on shares of TI Fluid Systems in a research report on Friday, July 13th. Numis Securities reiterated a buy rating and issued a GBX 390 ($5.10) price target on shares of TI Fluid Systems in a report on Thursday, August 9th. Finally, Goldman Sachs Group lifted their price target on TI Fluid Systems from GBX 329 ($4.30) to GBX 330 ($4.31) and gave the company a buy rating in a report on Thursday, August 9th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of GBX 335.83 ($4.39).
LON TIFS traded down GBX 6.10 ($0.08) on Friday, reaching GBX 198.50 ($2.59). 363,683 shares of the stock traded hands, compared to its average volume of 251,273. TI Fluid Systems has a 12 month low of GBX 227 ($2.97) and a 12 month high of GBX 274 ($3.58).
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.
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