TT Electronics plc (TTG) Given Buy Rating at Canaccord Genuity
Canaccord Genuity reaffirmed their buy rating on shares of TT Electronics plc (LON:TTG) in a research report report published on Thursday. The brokerage currently has a GBX 180 ($2.23) price objective on the stock.
A number of other analysts have also recently commented on TTG. Numis Securities Ltd reaffirmed a buy rating and set a GBX 185 ($2.30) price target on shares of TT Electronics plc in a research report on Wednesday, November 23rd. Liberum Capital reissued a hold rating and set a GBX 150 ($1.86) price objective on shares of TT Electronics plc in a research report on Monday, August 15th. Finally, Peel Hunt raised shares of TT Electronics plc to a buy rating and increased their price objective for the stock from GBX 150 ($1.86) to GBX 175 ($2.17) in a research report on Friday, August 12th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. TT Electronics plc currently has an average rating of Buy and a consensus price target of GBX 167.14 ($2.07).
TT Electronics plc (LON:TTG) opened at 137.75 on Thursday. The firm’s market capitalization is GBX 223.29 million. The stock has a 50 day moving average price of GBX 137.73 and a 200-day moving average price of GBX 137.41. TT Electronics plc has a one year low of GBX 116.43 and a one year high of GBX 168.25.
About TT Electronics plc
TT Electronics plc is a provider of engineered electronics for various applications. The Company’s segments include Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services (IMS). The Transportation Sensing and Control segment 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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