TT Electronics plc (TTG) Stock Rating Reaffirmed by Canaccord Genuity
TT Electronics plc (LON:TTG)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity in a research report issued to clients and investors on Friday. They presently have a GBX 180 ($2.25) target price on the stock. Canaccord Genuity’s target price suggests a potential upside of 32.35% from the stock’s current price.
Several other research firms also recently commented on TTG. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 180 ($2.25) price objective on shares of TT Electronics plc in a report on Thursday, November 17th. Peel Hunt raised shares of TT Electronics plc to a “buy” rating and upped their price objective for the company from GBX 150 ($1.87) to GBX 175 ($2.19) in a report on Friday, August 12th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 150 ($1.87) price objective on shares of TT Electronics plc in a report on Monday, August 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 166.43 ($2.08).
TT Electronics plc (LON:TTG) opened at 136.00 on Friday. The company’s market cap is GBX 220.46 million. The company’s 50 day moving average is GBX 138.72 and its 200-day moving average is GBX 137.71. TT Electronics plc has a 12 month low of GBX 116.43 and a 12 month high of GBX 168.25.
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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