Numis Securities reiterated their buy rating on shares of TT Electronics (LON:TTG) in a research report released on Tuesday morning. Numis Securities currently has a GBX 260 ($3.50) target price on the stock.
Several other brokerages have also recently issued reports on TTG. Peel Hunt reissued a buy rating and set a GBX 275 ($3.70) price objective on shares of TT Electronics in a research note on Tuesday, October 31st. Berenberg Bank reissued a buy rating on shares of TT Electronics in a research note on Wednesday, September 6th. Investec reissued a buy rating and set a GBX 258 ($3.47) price objective on shares of TT Electronics in a research note on Tuesday, August 22nd. Finally, Liberum Capital restated a buy rating and set a GBX 240 ($3.23) target price on shares of TT Electronics in a report on Monday, November 20th. Six investment analysts have rated the stock with a buy rating, TT Electronics has a consensus rating of Buy and an average target price of GBX 246.33 ($3.32).
TT Electronics (LON TTG) traded down GBX 3.50 ($0.05) on Tuesday, reaching GBX 221.50 ($2.98). 31,014 shares of the company’s stock traded hands, compared to its average volume of 175,430. TT Electronics has a 52-week low of GBX 136 ($1.83) and a 52-week high of GBX 245 ($3.30).
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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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