TT Electronics plc (LON:TTG) Given Average Recommendation of “Buy” by Brokerages
Shares of TT Electronics plc (LON:TTG) have earned an average recommendation of “Buy” from the six analysts that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 217.50 ($2.84).
TTG has been the topic of a number of recent analyst reports. Peel Hunt reissued a “buy” rating and set a GBX 225 ($2.94) price target on shares of TT Electronics plc in a research note on Wednesday, April 5th. Liberum Capital increased their price target on TT Electronics plc from GBX 210 ($2.74) to GBX 225 ($2.94) and gave the stock a “buy” rating in a research note on Wednesday, April 12th. Numis Securities Ltd reissued a “buy” rating and set a GBX 240 ($3.13) price target on shares of TT Electronics plc in a research note on Friday, May 12th. Finally, Berenberg Bank raised TT Electronics plc to a “buy” rating and increased their price target for the stock from GBX 150 ($1.96) to GBX 235 ($3.07) in a research note on Friday, June 2nd.
Shares of TT Electronics plc (LON TTG) opened at 182.25 on Tuesday. The stock’s market cap is GBX 283.02 million. TT Electronics plc has a 52-week low of GBX 128.35 and a 52-week high of GBX 212.00. The firm has a 50-day moving average price of GBX 201.20 and a 200-day moving average price of GBX 180.17.
About TT Electronics plc
TT Electronics plc is a global provider of engineered electronics for performance critical applications. The Company’s divisions include Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services (IMS). The Transportation Sensing and Control division 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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