TT Electronics plc (TTG) Rating Reiterated by Investec
TT Electronics plc (LON:TTG)‘s stock had its “buy” rating reiterated by equities research analysts at Investec in a research note issued to investors on Tuesday. They presently have a GBX 258 ($3.35) price objective on the stock. Investec’s target price would suggest a potential upside of 16.87% from the company’s previous close.
A number of other research firms have also weighed in on TTG. Numis Securities Ltd reiterated a “buy” rating and set a GBX 260 ($3.38) target price on shares of TT Electronics plc in a report on Friday, August 11th. Liberum Capital reiterated a “buy” rating and set a GBX 225 ($2.92) target price on shares of TT Electronics plc in a report on Friday, August 11th. Berenberg Bank reiterated a “buy” rating and set a GBX 245 ($3.18) target price on shares of TT Electronics plc in a report on Monday, August 14th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 225 ($2.92) target price on shares of TT Electronics plc in a report on Friday, July 7th. Seven research analysts have rated the stock with a buy rating, TT Electronics plc has an average rating of “Buy” and a consensus price target of GBX 227.57 ($2.95).
Shares of TT Electronics plc (LON:TTG) opened at 224.75 on Tuesday. TT Electronics plc has a 12-month low of GBX 128.35 and a 12-month high of GBX 225.00. The company’s market cap is GBX 364.99 million. The company has a 50-day moving average price of GBX 207.80 and a 200-day moving average price of GBX 194.12.
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TT Electronics plc Company Profile
TT Electronics plc is a global provider of engineered electronics for performance critical applications. The Company’s divisions include Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services (IMS). The Industrial Sensing and Control division offers position, pressure, temperature, flow and fluid quality sensors for a range of end markets, including industrial automation, industrial process control and medical and aerospace.
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