TravelCenters of America LLC (TA) Given Average Rating of “Hold” by Analysts

TravelCenters of America LLC (NASDAQ:TA) has been given an average recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $10.00.

TA has been the subject of a number of recent research reports. B. Riley reiterated a “buy” rating and issued a $10.00 price objective on shares of TravelCenters of America in a report on Wednesday, November 8th. Zacks Investment Research cut shares of TravelCenters of America from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. TheStreet upgraded shares of TravelCenters of America from a “d” rating to a “c-” rating in a report on Thursday, November 30th. Finally, Citigroup upgraded shares of TravelCenters of America from a “sell” rating to a “neutral” rating in a report on Friday, December 8th.

TravelCenters of America (NASDAQ TA) remained flat at $$4.00 during trading on Friday. 150,177 shares of the company’s stock traded hands, compared to its average volume of 262,256. The company has a current ratio of 1.21, a quick ratio of 0.64 and a debt-to-equity ratio of 1.18. TravelCenters of America has a 12 month low of $2.95 and a 12 month high of $7.50. The firm has a market capitalization of $159.05, a PE ratio of 6.78 and a beta of 1.87.

Large investors have recently modified their holdings of the stock. State Street Corp lifted its position in TravelCenters of America by 29.5% during the 2nd quarter. State Street Corp now owns 41,685 shares of the specialty retailer’s stock worth $171,000 after acquiring an additional 9,506 shares during the last quarter. Wells Fargo & Company MN lifted its position in TravelCenters of America by 57.0% during the 4th quarter. Wells Fargo & Company MN now owns 40,522 shares of the specialty retailer’s stock worth $166,000 after acquiring an additional 14,708 shares during the last quarter. Jane Street Group LLC raised its position in shares of TravelCenters of America by 37.4% during the fourth quarter. Jane Street Group LLC now owns 54,719 shares of the specialty retailer’s stock valued at $224,000 after buying an additional 14,887 shares during the last quarter. Signia Capital Management LLC raised its position in shares of TravelCenters of America by 2.9% during the third quarter. Signia Capital Management LLC now owns 686,442 shares of the specialty retailer’s stock valued at $2,917,000 after buying an additional 19,240 shares during the last quarter. Finally, Two Sigma Securities LLC acquired a new position in shares of TravelCenters of America during the fourth quarter valued at about $113,000. Hedge funds and other institutional investors own 29.70% of the company’s stock.

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About TravelCenters of America

TravelCenters of America LLC (TravelCenters) operates and franchises travel centers and convenience store and restaurant locations. The Company’s segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities.

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