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

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

TTG has been the subject of a number of other research reports. Royal Bank Of Canada upped their target price on TT Electronics from GBX 115 to GBX 160 and gave the stock a “sector perform” rating in a report on Thursday, September 3rd. Berenberg Bank lifted their price target on TT Electronics from GBX 150 to GBX 200 and gave the company a “buy” rating in a research note 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 170.

TT Electronics Price Performance

TTG stock traded down GBX 1.20 during trading on Thursday, reaching GBX 173.80. 1,007,640 shares of the company were exchanged, compared to its average volume of 430,790. The company has a 50-day moving average of GBX 150.06 and a two-hundred day moving average of GBX 128.47. The company has a market capitalization of £310.16 million, a price-to-earnings ratio of -7.90, a P/E/G ratio of 0.60 and a beta of 0.84. TT Electronics has a twelve month low of GBX 93 and a twelve month high of GBX 182.80. The company has a debt-to-equity ratio of 65.61, a current ratio of 1.67 and a quick ratio of 0.93.

TT Electronics (LON:TTG) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported GBX 5.70 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, equities analysts predict that TT Electronics will post 16.7485822 earnings per share for the current fiscal 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.