Zacks Investment Research upgraded shares of Tt Electronics (NASDAQ:TTGPF) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning. Zacks Investment Research currently has $2.25 price objective on the stock.

According to Zacks, “TT electronics plc manufactures electronic and electrical components for the automotive, telecommunication and industrial engineering sectors. Its operating segment includes Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services segments. The company’s products include electronic components and systems, electrical cables, uninterruptible power supplies and generators. TT electronics plc is based in Woking, the United Kingdom. “

Tt Electronics (NASDAQ:TTGPF) opened at 1.90 on Wednesday. The stock’s 50 day moving average is $1.90 and its 200-day moving average is $1.83. The stock has a market capitalization of $308.37 million and a price-to-earnings ratio of 15.20. Tt Electronics has a 12 month low of $1.56 and a 12 month high of $2.25.

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