Numis Securities Ltd Reiterates Buy Rating for TT Electronics plc (TTG)
TT Electronics plc (LON:TTG)‘s stock had its “buy” rating restated by investment analysts at Numis Securities Ltd in a report released on Monday. They currently have a GBX 260 ($3.42) price objective on the stock. Numis Securities Ltd’s price objective points to a potential upside of 18.32% from the stock’s current price.
A number of other analysts also recently issued reports on the stock. Liberum Capital restated a “buy” rating and set a GBX 240 ($3.16) price objective on shares of TT Electronics plc in a report on Monday. Peel Hunt restated a “buy” rating and set a GBX 275 ($3.62) price objective on shares of TT Electronics plc in a report on Tuesday, October 31st. Berenberg Bank restated a “buy” rating on shares of TT Electronics plc in a report on Wednesday, September 6th. Finally, Investec restated a “buy” rating and set a GBX 258 ($3.39) price objective on shares of TT Electronics plc in a report on Tuesday, August 22nd. Seven investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of GBX 236.86 ($3.12).
Shares of TT Electronics plc (LON TTG) opened at GBX 219.75 ($2.89) on Monday. TT Electronics plc has a 1-year low of GBX 133.25 ($1.75) and a 1-year high of GBX 245 ($3.22).
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TT Electronics plc Company Profile
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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