TT Electronics (TTG) Earns Buy Rating from Numis Securities
TT Electronics (LON:TTG)‘s stock had its “buy” rating reissued by investment analysts at Numis Securities in a report issued on Tuesday. They presently have a GBX 260 ($3.50) price target on the stock. Numis Securities’ target price would indicate a potential upside of 15.56% from the stock’s current price.
A number of other research firms have also recently issued reports on TTG. Peel Hunt reaffirmed a “buy” rating and issued a GBX 275 ($3.70) price target on shares of TT Electronics in a report on Tuesday, October 31st. Berenberg Bank reaffirmed a “buy” rating on shares of TT Electronics in a report on Wednesday, September 6th. Investec reaffirmed a “buy” rating and issued a GBX 258 ($3.47) price target on shares of TT Electronics in a report on Tuesday, August 22nd. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 240 ($3.23) price target on shares of TT Electronics in a report on Monday, November 20th. Six research analysts have rated the stock with a buy rating, TT Electronics has a consensus rating of “Buy” and a consensus price target of GBX 246.33 ($3.32).
TT Electronics (TTG) traded down GBX 0.50 ($0.01) during midday trading on Tuesday, hitting GBX 225 ($3.03). 21,093 shares of the company’s stock were exchanged, compared to its average volume of 176,740. TT Electronics has a fifty-two week low of GBX 134.41 ($1.81) and a fifty-two week high of GBX 245 ($3.30).
About TT Electronics
TT Electronics plc is a global provider of engineered electronics for performance critical applications. The Company’s divisions include Advanced Components and Integrated Manufacturing Services (IMS). The Advanced Components division creates engineered electronic components for circuit protection, power management and signal conditioning.
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