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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.

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