TT Electronics plc (LON:TTG) has been given a consensus rating of “Buy” by the six research firms that are currently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 281.25 ($3.68).
A number of research analysts recently issued reports on TTG shares. Numis Securities reiterated a “buy” rating and issued a GBX 1,800 ($23.52) price target on shares of in a research note on Monday, June 3rd. HSBC downgraded shares of SAP from a “buy” rating to a “hold” rating in a research note on Tuesday, April 9th. Finally, Peel Hunt reiterated an “add” rating on shares of Amerisur Resources in a research note on Tuesday, June 11th.
In other news, insider Anne Thorburn purchased 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was bought at an average price of GBX 238 ($3.11) per share, for a total transaction of £107,100 ($139,945.12).
About TT Electronics
TT Electronics plc provides engineered electronics for performance critical applications in the industrial, medical, aerospace and defense, and transportation markets worldwide. The company operates in three divisions: Sensors and Specialist Components, Power and Connectivity, and Global Manufacturing Solutions.
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