TT Electronics’ (TTG) Buy Rating Reiterated at Numis Securities
TT Electronics (LON:TTG)‘s stock had its “buy” rating reissued by stock analysts at Numis Securities in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also weighed in on TTG. Peel Hunt restated a “buy” rating on shares of TT Electronics in a report on Thursday, May 9th. HSBC began coverage on shares of TT Electronics in a report on Tuesday, February 12th. They issued a “buy” rating and a GBX 265 ($3.46) target price on the stock. Six research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of GBX 279 ($3.65).
TTG opened at GBX 240 ($3.14) on Monday. The company has a current ratio of 1.85, a quick ratio of 0.98 and a debt-to-equity ratio of 29.45. TT Electronics has a fifty-two week low of GBX 176 ($2.30) and a fifty-two week high of GBX 282 ($3.68). The stock has a market capitalization of $389.56 million and a P/E ratio of 30.00.
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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