TT Electronics plc (LON:TTG) Receives GBX 281.25 Consensus PT from Analysts

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).

Shares of LON TTG traded up GBX 1 ($0.01) during midday trading on Friday, hitting GBX 228 ($2.98). The company’s stock had a trading volume of 33,040 shares, compared to its average volume of 142,856. The company’s fifty day moving average price is GBX 238.34. The company has a debt-to-equity ratio of 29.45, a current ratio of 1.85 and a quick ratio of 0.98. TT Electronics has a 1 year low of GBX 176 ($2.30) and a 1 year high of GBX 282 ($3.68). The stock has a market capitalization of $372.75 million and a price-to-earnings ratio of 28.50.

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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Analyst Recommendations for TT Electronics (LON:TTG)

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