TT Electronics plc Declares Dividend of GBX 1.70 (TTG)
TT Electronics plc (LON:TTG) announced a dividend on Tuesday, August 19th, AmericanBankingNews.com reports. Shareholders of record on Thursday, October 16th will be paid a dividend of GBX 1.70 ($0.03) per share on Thursday, October 30th. This represents a dividend yield of 1%. The ex-dividend date is Thursday, October 16th. The official announcement can be accessed at this link.
TTG has been the subject of a number of recent research reports. Analysts at SP Angel reiterated a “hold” rating on shares of TT Electronics plc in a research note on Tuesday. They now have a GBX 190 ($3.18) price target on the stock. On a related note, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of TT Electronics plc in a research note on Tuesday. They now have a GBX 230 ($3.84) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of TT Electronics plc in a research note on Tuesday. They now have a GBX 255 ($4.26) price target on the stock. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 246.40 ($4.12).
Shares of TT Electronics plc (LON:TTG) traded down 9.63% during mid-day trading on Tuesday, hitting GBX 169.00. The stock had a trading volume of 721,994 shares. TT Electronics plc has a one year low of GBX 168.73 and a one year high of GBX 225.00. The stock’s 50-day moving average is GBX 189. and its 200-day moving average is GBX 205.6. The company’s market cap is £261.9 million.
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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