TT Electronics plc (LON:TTG) Given Average Recommendation of “Buy” by Brokerages
TT Electronics plc (LON:TTG) has earned an average recommendation of “Buy” from the six research firms that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 217.50 ($2.84).
TTG has been the subject of a number of research analyst reports. Berenberg Bank raised shares of TT Electronics plc to a “buy” rating and boosted their target price for the stock from GBX 150 ($1.96) to GBX 235 ($3.07) in a research report on Friday, June 2nd. Liberum Capital boosted their target price on shares of TT Electronics plc from GBX 210 ($2.74) to GBX 225 ($2.94) and gave the stock a “buy” rating in a research report on Wednesday, April 12th. Peel Hunt reissued a “buy” rating and set a GBX 225 ($2.94) target price on shares of TT Electronics plc in a research report on Friday, July 7th. Finally, Numis Securities Ltd reissued a “buy” rating and set a GBX 240 ($3.13) target price on shares of TT Electronics plc in a research report on Friday, May 12th.
TT Electronics plc (LON TTG) opened at 182.25 on Tuesday. The stock’s market capitalization is GBX 283.02 million. The firm has a 50-day moving average price of GBX 201.20 and a 200 day moving average price of GBX 180.17. TT Electronics plc has a 52-week low of GBX 128.35 and a 52-week high of GBX 212.00.
About TT Electronics plc
TT Electronics plc is a global provider of engineered electronics for performance critical applications. The Company’s divisions include Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services (IMS). The Transportation Sensing and Control division develops sensors and control solutions for automotive original equipment manufacturers and tier one suppliers, including powertrain providers for passenger cars and trucks.
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