Liberum Capital Reiterates Buy Rating for TT Electronics plc (TTG)

TT Electronics plc (LON:TTG)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 240 ($3.16) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 10.34% from the stock’s previous close.

Several other brokerages have also recently weighed in on TTG. Peel Hunt upped their target price on TT Electronics plc from GBX 225 ($2.96) to GBX 275 ($3.62) and gave the stock a “buy” rating in a report on Wednesday, September 6th. Investec reissued a “buy” rating and issued a GBX 258 ($3.39) price target on shares of TT Electronics plc in a research report on Tuesday, August 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 245 ($3.22) price target on shares of TT Electronics plc in a research report on Monday, August 14th. Finally, Numis Securities Ltd reissued a “buy” rating and issued a GBX 260 ($3.42) price target on shares of TT Electronics plc in a research report on Friday, August 11th. Seven equities research analysts have rated the stock with a buy rating, TT Electronics plc presently has an average rating of “Buy” and an average price target 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 52 week low of GBX 133.25 ($1.75) and a 52 week high of GBX 245 ($3.22).

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About TT Electronics plc

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.

Analyst Recommendations for TT Electronics plc (LON:TTG)

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