Deutsche Bank initiated coverage on shares of TI Fluid Systems (LON:TIFS) in a research note published on Wednesday morning. The firm issued a buy rating and a GBX 350 ($4.71) price objective on the stock.
TIFS has been the subject of several other reports. Goldman Sachs Group started coverage on shares of TI Fluid Systems in a report on Tuesday. They issued a buy rating and a GBX 323 ($4.35) price objective for the company. Citigroup started coverage on shares of TI Fluid Systems in a report on Tuesday. They issued a neutral rating for the company.
Shares of TI Fluid Systems (TIFS) traded down GBX 5.75 ($0.08) during midday trading on Wednesday, reaching GBX 253.50 ($3.41). 144,484 shares of the company’s stock traded hands, compared to its average volume of 2,750,000. TI Fluid Systems has a 1-year low of GBX 244 ($3.28) and a 1-year high of GBX 270 ($3.63).
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TI Fluid Systems PLC, formerly TI Fluid Systems Limited, is a United Kingdom-based manufacturer of engineered fluid storage, carrying and delivery systems, primarily providing products and services for light vehicles. The Company operates Group operates with two divisions: the Fluid Carrying Systems (FCS) division and Fuel Tank and Delivery Systems (FTDC) division.
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