TT Electronics plc (TTG) Given Average Recommendation of “Buy” by Analysts
Shares of TT Electronics plc (LON:TTG) have earned a consensus rating of “Buy” from the seven brokerages that are currently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 233 ($3.07).
A number of analysts recently weighed in on the stock. Peel Hunt upped their price objective on shares of TT Electronics plc from GBX 225 ($2.97) to GBX 275 ($3.63) and gave the stock a “buy” rating in a research note on Wednesday, September 6th. Berenberg Bank reaffirmed a “buy” rating on shares of TT Electronics plc in a research note on Wednesday, September 6th. Investec reaffirmed a “buy” rating and issued a GBX 258 ($3.40) price objective on shares of TT Electronics plc in a research note on Tuesday, August 22nd. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 260 ($3.43) price objective on shares of TT Electronics plc in a research note on Friday, August 11th. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 225 ($2.97) price objective on shares of TT Electronics plc in a research note on Friday, August 11th.
TT Electronics plc (LON:TTG) opened at 230.75 on Thursday. TT Electronics plc has a 52 week low of GBX 128.35 and a 52 week high of GBX 245.00. The company’s market capitalization is GBX 374.74 million. The company has a 50 day moving average of GBX 226.95 and a 200 day moving average of GBX 210.94.
The firm also recently disclosed a dividend, which was paid on Thursday, October 19th. Investors of record on Thursday, October 5th were paid a GBX 1.75 ($0.02) dividend. This represents a yield of 0.79%. The ex-dividend date of this dividend was Thursday, October 5th.
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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