TT Electronics (LON:TTG) Earns Hold Rating from Berenberg Bank

TT Electronics (LON:TTG)‘s stock had its “hold” rating reiterated by stock analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They currently have a GBX 120 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 6.95% from the company’s current price.

TT Electronics Stock Performance

LON TTG opened at GBX 112.20 on Wednesday. The stock has a market cap of £199.78 million, a PE ratio of -2.98, a P/E/G ratio of 0.60 and a beta of 0.95. The company has a debt-to-equity ratio of 70.10, a quick ratio of 0.93 and a current ratio of 1.71. The firm has a 50-day moving average of GBX 117.76 and a 200-day moving average of GBX 117.88. TT Electronics has a 52-week low of GBX 61.90 and a 52-week high of GBX 154.80.

TT Electronics (LON:TTG) last announced its quarterly earnings results on Wednesday, March 25th. The company reported GBX 6.90 EPS for the quarter. TT Electronics had a negative net margin of 10.51% and a negative return on equity of 31.21%. On average, sell-side analysts anticipate that TT Electronics will post 16.7485822 EPS for the current year.

Insider Activity at TT Electronics

In other news, insider Warren Tucker sold 48,445 shares of the stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of GBX 109, for a total transaction of £52,805.05. Insiders own 8.76% of the company’s stock.

About TT Electronics

TT Electronics is a global provider of engineered electronics for performance critical applications.
TT engineers and manufactures electronic solutions enabling a safer, healthier and more sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, automation and electrification. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions.