Trade Report: Today, TT Electronics plc’s (TTG) Buy Rating Reiterate at Canaccord Genuity

Today, TT Electronics plc’s (TTG) Buy Rating Reiterate at Canaccord Genuity

Canaccord Genuity reiterated their buy rating on shares of TT Electronics plc (LON:TTG) in a research report released on Thursday morning. Canaccord Genuity currently has a GBX 180 ($2.23) target price on the stock.

Several other research firms also recently issued reports on TTG. Numis Securities Ltd reaffirmed a buy rating and set a GBX 180 ($2.23) price objective on shares of TT Electronics plc in a report on Thursday, August 11th. Liberum Capital reissued a hold rating and issued a GBX 150 ($1.86) price target on shares of TT Electronics plc in a research note on Monday, August 15th. Finally, Peel Hunt raised TT Electronics plc to a buy rating and increased their price target for the company from GBX 150 ($1.86) to GBX 175 ($2.17) in a research note on Friday, August 12th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. TT Electronics plc has a consensus rating of Buy and an average target price of GBX 167.14 ($2.07).

Shares of TT Electronics plc (LON:TTG) opened at 136.00 on Thursday. The company’s 50-day moving average price is GBX 137.73 and its 200-day moving average price is GBX 137.41. TT Electronics plc has a 52-week low of GBX 116.43 and a 52-week high of GBX 168.25. The firm’s market cap is GBX 220.46 million.

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