Berenberg Bank reaffirmed their buy rating on shares of TT Electronics (LON:TTG) in a report published on Monday, Digital Look reports. The firm currently has a GBX 270 ($3.53) price objective on the stock.
TTG has been the topic of several other research reports. HSBC increased their target price on TT Electronics from GBX 295 ($3.85) to GBX 330 ($4.31) and gave the stock a buy rating in a report on Thursday, August 15th. Peel Hunt restated a buy rating on shares of TT Electronics in a research note on Tuesday, November 19th. Five analysts have rated the stock with a buy rating, TT Electronics currently has an average rating of Buy and an average target price of GBX 295 ($3.85).
Shares of TTG opened at GBX 226 ($2.95) on Monday. The stock has a fifty day moving average price of GBX 236.35 and a two-hundred day moving average price of GBX 236.65. The company has a debt-to-equity ratio of 48.87, a quick ratio of 1.19 and a current ratio of 2.05. TT Electronics has a 52-week low of GBX 176 ($2.30) and a 52-week high of GBX 268 ($3.50). The company has a market cap of $369.54 million and a price-to-earnings ratio of 30.13.
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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