TT Electronics’ (TTG) Buy Rating Reiterated at Stifel Nicolaus

Stifel Nicolaus reissued their buy rating on shares of TT Electronics (LON:TTG) in a report published on Thursday morning, Marketbeat reports. Stifel Nicolaus currently has a GBX 145 price objective on the stock.

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 120 price target on shares of TT Electronics in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 113.75.

TT Electronics Trading Up 1.1%

TTG stock opened at GBX 111.19 on Thursday. The company has a debt-to-equity ratio of 70.10, a current ratio of 1.71 and a quick ratio of 0.93. The company has a fifty day moving average price of GBX 117.75 and a two-hundred day moving average price of GBX 118.04. TT Electronics has a one year low of GBX 61.90 and a one year high of GBX 154.80. The stock has a market cap of £197.99 million, a price-to-earnings ratio of -2.96, a price-to-earnings-growth ratio of 0.60 and a beta of 1.99.

TT Electronics (LON:TTG) last announced its quarterly earnings data on Wednesday, March 25th. The company reported GBX 6.90 earnings per share (EPS) for the quarter. TT Electronics had a negative return on equity of 31.21% and a negative net margin of 10.51%. Equities analysts anticipate that TT Electronics will post 16.7485822 EPS for the current year.

Insider Activity at TT Electronics

In other news, insider Warren Tucker sold 44,532 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of GBX 111, for a total value of £49,430.52. 8.76% of the stock is currently owned by corporate insiders.

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.