TT Electronics (LON:TTG)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a report released on Monday, ThisIsMoney.Co.Uk reports.
TTG has been the subject of several other research reports. HSBC boosted their price target on shares of TT Electronics from GBX 295 ($3.85) to GBX 330 ($4.31) and gave the company a “buy” rating in a report on Thursday, August 15th. Peel Hunt reissued a “buy” rating on shares of TT Electronics in a report on Tuesday, November 19th. Five research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus target price of GBX 295 ($3.85).
Shares of TTG opened at GBX 241 ($3.15) on Monday. TT Electronics has a 1 year low of GBX 176 ($2.30) and a 1 year high of GBX 268 ($3.50). The company has a market cap of $384.26 million and a price-to-earnings ratio of 32.13. The company has a debt-to-equity ratio of 48.87, a quick ratio of 1.19 and a current ratio of 2.05. The firm has a fifty day moving average of GBX 235.59 and a 200-day moving average of GBX 236.95.
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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