Research analysts at J P Morgan Chase & Co began coverage on shares of TI Fluid Systems (LON:TIFS) in a research report issued to clients and investors on Wednesday. The firm set a “neutral” rating and a GBX 300 ($4.04) price target on the stock. J P Morgan Chase & Co’s target price indicates a potential upside of 23.71% from the stock’s current price.

Several other brokerages also recently commented on TIFS. Deutsche Bank initiated coverage on shares of TI Fluid Systems in a report on Wednesday, December 6th. They issued a “buy” rating and a GBX 350 ($4.71) target price for the company. Citigroup initiated coverage on shares of TI Fluid Systems in a report on Tuesday, December 5th. They set a “neutral” rating for the company. Finally, Goldman Sachs Group initiated coverage on shares of TI Fluid Systems in a report on Tuesday, December 5th. They set a “buy” rating and a GBX 323 ($4.35) price objective for the company.

Shares of TI Fluid Systems (LON TIFS) opened at GBX 242.50 ($3.26) on Wednesday. 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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About TI Fluid Systems

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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