Share on StockTwits

TT Electronics plc (LON:TTG)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a report released on Friday. They currently have a GBX 220 ($3.68) target price on the stock. Peel Hunt’s target price would indicate a potential upside of 29.99% from the company’s current price.

TT Electronics plc (LON:TTG) opened at 173.00 on Friday. TT Electronics plc has a 52 week low of GBX 167.50 and a 52 week high of GBX 225.00. The stock’s 50-day moving average is GBX 187.3 and its 200-day moving average is GBX 205.. The company’s market cap is £268.1 million.

The company also recently declared a dividend, which is scheduled for Thursday, October 30th. Stockholders of record on Thursday, October 16th will be given a dividend of GBX 1.70 ($0.03) per share. This represents a yield of 1%. The ex-dividend date of this dividend is Thursday, October 16th.

A number of other analysts have also recently weighed in on TTG. Analysts at Berenberg Bank cut their price target on shares of TT Electronics plc from GBX 247 ($4.13) to GBX 220 ($3.68) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, 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. Finally, 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. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 237.50 ($3.97).

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.