TT Electronics plc (TTG) Receives Buy Rating from Berenberg Bank
Several other equities research analysts have also issued reports on TTG. Liberum Capital reissued a buy rating and set a GBX 225 ($2.91) price objective on shares of TT Electronics plc in a research note on Friday, May 12th. Numis Securities Ltd reissued a buy rating and set a GBX 240 ($3.10) price objective on shares of TT Electronics plc in a research note on Friday, May 12th. Peel Hunt reissued a buy rating and set a GBX 225 ($2.91) price objective on shares of TT Electronics plc in a research note on Friday, July 7th. Finally, Investec reissued a buy rating and set a GBX 258 ($3.33) price objective on shares of TT Electronics plc in a research note on Tuesday, August 22nd. Seven analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and an average price target of GBX 234.71 ($3.03).
TT Electronics plc (TTG) opened at 239.75 on Wednesday. The firm has a 50-day moving average price of GBX 219.89 and a 200-day moving average price of GBX 199.62. The firm’s market capitalization is GBX 389.35 million. TT Electronics plc has a one year low of GBX 128.35 and a one year high of GBX 245.00.
TT Electronics plc (LON:TTG) last announced its quarterly earnings results on Friday, August 11th. The company reported $0.02 earnings per share for the quarter. TT Electronics plc had a return on equity of 3.34% and a net margin of 2.17%. Analysts expect that TT Electronics plc will post $13.18 EPS for the current year.
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The firm also recently disclosed a dividend, which will be paid on Thursday, October 19th. Investors of record on Thursday, October 5th will be paid a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 0.79%. The ex-dividend date of this dividend is Thursday, October 5th.
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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