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In this article we will quickly re-cap the broker forecasts for TI Fluid Systems (LON:TIFS).
The TI Fluid Systems share price has risen by 8.81% over the past month and it’s currently trading at 180.4p. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, TI Fluid Systems currently has:
3 Buy recommendations
3 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Questioning broker positivity
At its current price of 180.4p, shares in TI Fluid Systems are trading at a discount of -45.2% to its 52 week high price. The 1-year performance of the shares has been -43.3%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of TI Fluid Systems it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with TI Fluid Systems that you can find out about here.