TT Electronics plc (TTG) To Go Ex-Dividend on October 6th
TT Electronics plc (LON:TTG) announced a dividend on Thursday, August 11th. Stockholders of record on Thursday, October 6th will be paid a dividend of GBX 1.70 ($0.02) per share on Thursday, October 20th. This represents a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, October 6th. The official announcement can be seen at this link.
Shares of TT Electronics plc (LON:TTG) opened at 140.25 on Friday. TT Electronics plc has a 52 week low of GBX 116.43 and a 52 week high of GBX 168.25. The stock’s 50 day moving average price is GBX 145.68 and its 200-day moving average price is GBX 141.98. The firm’s market capitalization is GBX 227.35 million.
TTG has been the subject of a number of research reports. Peel Hunt upgraded TT Electronics plc to a “buy” rating and upped their price objective for the stock from GBX 150 ($1.96) to GBX 175 ($2.28) in a report on Friday, August 12th. Canaccord Genuity upgraded TT Electronics plc to a “buy” rating and upped their price objective for the stock from GBX 165 ($2.15) to GBX 180 ($2.35) in a report on Wednesday, August 24th. Liberum Capital reiterated a “hold” rating and issued a GBX 150 ($1.96) price objective on shares of TT Electronics plc in a report on Monday, August 15th. Finally, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 180 ($2.35) price objective on shares of TT Electronics plc in a report on Thursday, August 11th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 166.43 ($2.17).
TT Electronics plc Company Profile
TT Electronics plc is a provider of engineered electronics for various applications. The Company’s segments include Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services (IMS). The Transportation Sensing and Control segment develops sensors and control solutions for automotive original equipment manufacturers and tier one suppliers, including powertrain providers for passenger cars and trucks.
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