Numis Securities Reiterates Buy Rating for TT Electronics (TTG)

TT Electronics (LON:TTG)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities in a research report issued to clients and investors on Tuesday. They presently have a GBX 260 ($3.50) price objective on the stock. Numis Securities’ price objective points to a potential upside of 17.51% from the stock’s previous close.

TTG has been the subject of several other reports. Peel Hunt lifted their price objective on shares of TT Electronics from GBX 225 ($3.03) to GBX 275 ($3.70) and gave the stock a “buy” rating in a research report on Wednesday, September 6th. Investec reaffirmed a “buy” rating and set a GBX 258 ($3.47) price objective on shares of TT Electronics in a research report on Tuesday, August 22nd. Liberum Capital reaffirmed a “buy” rating and set a GBX 225 ($3.03) price objective on shares of TT Electronics in a research report on Friday, August 11th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 245 ($3.30) price objective on shares of TT Electronics in a research report on Monday, August 14th. Six analysts have rated the stock with a buy rating, TT Electronics has a consensus rating of “Buy” and an average price target of GBX 246.33 ($3.32).

TT Electronics (TTG) opened at GBX 222.05 ($2.99) on Tuesday. TT Electronics has a 52 week low of GBX 136 ($1.83) and a 52 week high of GBX 245 ($3.30).

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TT Electronics Company Profile

TT Electronics plc is a global provider of engineered electronics for performance critical applications. The Company’s divisions include Advanced Components and Integrated Manufacturing Services (IMS). The Advanced Components division creates engineered electronic components for circuit protection, power management and signal conditioning.

Analyst Recommendations for TT Electronics (LON:TTG)

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