TT Electronics (LON:TTG) Given Hold Rating at Jefferies Financial Group

TT Electronics (LON:TTG)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Financial Group in a report released on Thursday, Marketbeat.com reports. They currently have a GBX 175 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 0.69% from the company’s previous close.

A number of other equities analysts also recently issued reports 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 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 company a “buy” rating in a report on Wednesday, September 2nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 170.

TT Electronics Stock Performance

LON TTG opened at GBX 173.80 on Thursday. The company has a debt-to-equity ratio of 65.61, a quick ratio of 0.93 and a current ratio of 1.67. The firm has a market cap of £310.16 million, a PE ratio of -7.90, a P/E/G ratio of 0.60 and a beta of 0.84. TT Electronics has a one year low of GBX 93 and a one year high of GBX 182.80. The firm’s fifty day moving average is GBX 150.06 and its two-hundred day moving average is GBX 128.47.

TT Electronics (LON:TTG) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported GBX 5.70 earnings per share (EPS) for the quarter. TT Electronics had a negative return on equity of 24.38% and a negative net margin of 7.80%. Analysts expect 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.