TT Electronics plc (LON:TTG)‘s stock had its “buy” rating restated by analysts at Numis Securities Ltd in a research note issued on Wednesday. They presently have a GBX 185 ($2.31) target price on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 35.53% from the company’s previous close.
A number of other equities analysts have also commented on the stock. Peel Hunt raised shares of TT Electronics plc to a “buy” rating and increased their price target for the stock from GBX 150 ($1.87) to GBX 175 ($2.19) in a report on Friday, August 12th. Liberum Capital reissued a “hold” rating and issued a GBX 150 ($1.87) price target on shares of TT Electronics plc in a report on Monday, August 15th. Finally, Canaccord Genuity raised shares of TT Electronics plc to a “buy” rating and increased their price target for the stock from GBX 165 ($2.06) to GBX 180 ($2.25) in a report on Wednesday, August 24th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 167.14 ($2.09).
TT Electronics plc (LON:TTG) opened at 136.50 on Wednesday. TT Electronics plc has a 12-month low of GBX 116.43 and a 12-month high of GBX 168.25. The company has a 50-day moving average of GBX 138.20 and a 200 day moving average of GBX 137.59. The firm’s market cap is GBX 221.27 million.