TT Electronics (LON:TTG) Earns Hold Rating from Jefferies Financial Group

TT Electronics (LON:TTG)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a research note issued to investors on Thursday, MarketBeat.com reports. They presently have a GBX 175 target price on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 0.69% from the stock’s current price.

A number of other brokerages also recently weighed in on TTG. Royal Bank Of Canada increased their price target on shares of TT Electronics from GBX 115 to GBX 160 and gave the company a “sector perform” rating in a research report on Thursday, September 3rd. Berenberg Bank increased their target price on shares of TT Electronics from GBX 150 to GBX 200 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 170.

TT Electronics Trading Down 0.7%

Shares of TTG opened at GBX 173.80 on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.67 and a debt-to-equity ratio of 65.61. TT Electronics has a 12-month low of GBX 93 and a 12-month high of GBX 182.80. The firm has a market capitalization of £310.16 million, a PE ratio of -7.90, a price-to-earnings-growth ratio of 0.60 and a beta of 0.84. The stock’s fifty day simple moving average is GBX 150.06 and its 200-day simple moving average is GBX 128.39.

TT Electronics (LON:TTG) last issued its earnings results on Wednesday, September 2nd. The company reported GBX 5.70 earnings per share (EPS) for the quarter. TT Electronics had a negative net margin of 7.80% and a negative return on equity of 24.38%. As a group, research analysts predict that TT Electronics will post 16.7485822 earnings per share for the current year.

TT Electronics Company Profile

TT Electronics is a global provider of engineered electronics for performance critical applications.
TT engineers and manufactures electronic solutions enabling a safer, healthier and more sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, automation and electrification. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions.