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.

In other TT Electronics news, insider Jack Byron Boyer bought 11,000 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were bought at an average price of GBX 230 ($3.01) per share, for a total transaction of £25,300 ($33,058.93). Also, insider Stephen King bought 23,000 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The stock was acquired at an average price of GBX 221 ($2.89) per share, for a total transaction of £50,830 ($66,418.40).

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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