Royal Bank of Canada Reaffirms Outperform Rating for TT Electronics (LON:TTG)

Royal Bank of Canada reiterated their outperform rating on shares of TT Electronics (LON:TTG) in a research note published on Friday morning, Stock Target Advisor reports.

Several other analysts also recently commented on the stock. Peel Hunt reaffirmed a buy rating on shares of TT Electronics in a report on Tuesday, November 19th. Berenberg Bank reaffirmed a buy rating and issued a GBX 270 ($3.55) price objective on shares of TT Electronics in a report on Monday, December 2nd. Six investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and a consensus target price of GBX 295 ($3.88).

TTG stock opened at GBX 259.50 ($3.41) on Friday. The firm’s fifty day simple moving average is GBX 243.05 and its 200-day simple moving average is GBX 236.73. The company has a market capitalization of $425.68 million and a P/E ratio of 34.60. The company has a debt-to-equity ratio of 48.87, a current ratio of 2.05 and a quick ratio of 1.19. TT Electronics has a 12 month low of GBX 176 ($2.32) and a 12 month high of GBX 268 ($3.53).

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.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

Analyst Recommendations for TT Electronics (LON:TTG)

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