TI Fluid Systems (LON:TIFS) Cut to Neutral at JPMorgan Chase & Co.
TI Fluid Systems (LON:TIFS) was downgraded by equities researchers at JPMorgan Chase & Co. to a “neutral” rating in a note issued to investors on Friday, November 8th, ThisIsMoney.Co.Uk reports. They currently have a GBX 205 ($2.68) target price on the stock, down from their previous target price of GBX 215 ($2.81). JPMorgan Chase & Co.‘s price target points to a potential downside of 12.02% from the company’s current price.
A number of other brokerages also recently commented on TIFS. Peel Hunt reiterated a “buy” rating and set a GBX 335 ($4.38) price objective on shares of TI Fluid Systems in a research report on Thursday, November 7th. Deutsche Bank decreased their target price on TI Fluid Systems from GBX 350 ($4.57) to GBX 300 ($3.92) and set a “buy” rating on the stock in ...