TT Electronics plc (TTG) Given Consensus Recommendation of “Buy” by Analysts
TT Electronics plc (LON:TTG) has been assigned an average rating of “Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 220.83 ($2.88).
TTG has been the topic of several research analyst reports. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 240 ($3.13) price target on shares of TT Electronics plc in a report on Friday, May 12th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 225 ($2.93) price target on shares of TT Electronics plc in a report on Wednesday, July 19th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 225 ($2.93) price target on shares of TT Electronics plc in a report on Friday, July 7th. Finally, Berenberg Bank raised shares of TT Electronics plc to a “buy” rating and upped their price target for the stock from GBX 150 ($1.95) to GBX 235 ($3.06) in a report on Friday, June 2nd.
TT Electronics plc (LON TTG) opened at 215.50 on Friday. TT Electronics plc has a 52 week low of GBX 128.35 and a 52 week high of GBX 222.95. The stock’s 50 day moving average price is GBX 203.06 and its 200-day moving average price is GBX 189.91. The company’s market cap is GBX 334.66 million.
TT Electronics plc Company Profile
TT Electronics plc is a global provider of engineered electronics for performance critical applications. The Company’s divisions include Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services (IMS). The Industrial Sensing and Control division offers position, pressure, temperature, flow and fluid quality sensors for a range of end markets, including industrial automation, industrial process control and medical and aerospace.
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