Deutsche Bank reaffirmed their buy rating on shares of TI Fluid Systems (LON:TIFS) in a report published on Wednesday, Stock Target Advisor reports.

TIFS has been the topic of several other reports. Peel Hunt reiterated a buy rating and issued a GBX 200 ($2.63) price objective (down from GBX 335 ($4.41)) on shares of TI Fluid Systems in a research note on Tuesday. Peel Hunt reiterated a buy rating and issued a GBX 335 ($4.41) price objective on shares of TI Fluid Systems in a research note on Wednesday, January 8th. Citigroup cut TI Fluid Systems to a neutral rating and reduced their price objective for the company from GBX 294 ($3.87) to GBX 140 ($1.84) in a research note on Tuesday. Finally, Goldman Sachs Group increased their price objective on TI Fluid Systems from GBX 285 ($3.75) to GBX 286 ($3.76) and gave the company a buy rating in a research note on Friday, February 21st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. TI Fluid Systems currently has an average rating of Buy and a consensus target price of GBX 244.33 ($3.21).

Shares of LON TIFS traded up GBX 16.80 ($0.22) during mid-day trading on Wednesday, hitting GBX 144.80 ($1.90). The company had a trading volume of 5,795,550 shares, compared to its average volume of 251,273. The company has a market capitalization of $764.80 million and a PE ratio of 4.89. The company has a debt-to-equity ratio of 114.84, a current ratio of 1.82 and a quick ratio of 1.26. TI Fluid Systems has a 1-year low of GBX 117.80 ($1.55) and a 1-year high of GBX 282 ($3.71). The business’s 50-day simple moving average is GBX 205.14 and its 200 day simple moving average is GBX 213.10.

The business also recently disclosed a dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, April 23rd will be paid a €0.06 ($0.07) dividend. This is a boost from TI Fluid Systems’s previous dividend of $0.03. This represents a dividend yield of 3.95%. The ex-dividend date of this dividend is Thursday, April 23rd. TI Fluid Systems’s dividend payout ratio (DPR) is presently 0.27%.

About TI Fluid Systems

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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Analyst Recommendations for TI Fluid Systems (LON:TIFS)

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