TT Electronics plc Receives Buy Rating from Numis Securities Ltd (TTG)
TT Electronics plc (LON:TTG)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Wednesday, American Banking News reports. They currently have a GBX 235 ($3.86) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 9.68% from the company’s current price.
TT Electronics plc (LON:TTG) traded down 0.46% on Wednesday, hitting GBX 214.75. The stock had a trading volume of 106 shares. TT Electronics plc has a 52 week low of GBX 148.00 and a 52 week high of GBX 217.00. The stock’s 50-day moving average is GBX 200.2 and its 200-day moving average is GBX 193.6. The company’s market cap is £337.6 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank initiated coverage on shares of TT Electronics plc in a research note on Friday, January 24th. They set a “buy” rating and a GBX 247 ($4.05) price target on the stock. Analysts at SP Angel reiterated a “hold” rating on shares of TT Electronics plc in a research note on Monday, January 20th. They now have a GBX 180 ($2.95) price target on the stock. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 235.28 ($3.86).
TT electronics plc is the parent company of a group whose principal activities are to design, manufacture and sell electronic components and sensor technologies for the defense, aerospace, medical, transportation and industrial electronics markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.