TT Electronics (LON:TTG) had its target price raised by Jefferies Group from GBX 200 ($2.76) to GBX 255 ($3.52) in a research report issued on Thursday. The firm presently has a “buy” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 13.84% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. Liberum Capital restated a “buy” rating and issued a GBX 240 ($3.32) price objective on shares of TT Electronics in a report on Thursday, February 15th. Numis Securities restated a “buy” rating and issued a GBX 260 ($3.59) price objective on shares of TT Electronics in a report on Wednesday, February 14th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 275 ($3.80) price objective on shares of TT Electronics in a report on Monday, November 20th. Six equities research analysts have rated the stock with a buy rating, TT Electronics currently has an average rating of “Buy” and an average price target of GBX 255.50 ($3.53).
TT Electronics (LON TTG) opened at GBX 224 ($3.09) on Thursday. The firm has a market capitalization of $368.27 and a PE ratio of 2,800.00. TT Electronics has a 1-year low of GBX 150 ($2.07) and a 1-year high of GBX 245 ($3.38).
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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.
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