TT Electronics (LON:TTG – Get Rating)‘s inventory had its “overweight” rating reaffirmed by analysts at Barclays in a investigation take note issued to investors on Friday, LSE.Co.United kingdom reports. They currently have a GBX 270 ($3.33) price focus on on the inventory. Barclays‘s value goal would suggest a opportunity upside of 46.74% from the company’s recent rate.
A number of other study corporations also a short while ago commented on TTG. Berenberg Bank reaffirmed a “buy” rating and established a GBX 280 ($3.45) value objective on shares of TT Electronics in a investigation notice on Wednesday, March 23rd. Royal Financial institution of Canada reaffirmed an “outperform” score and established a GBX 325 ($4.01) price goal on shares of TT Electronics in a investigate note on Wednesday, April 13th. 5 equities exploration analysts have rated the inventory with a invest in score, According to MarketBeat, TT Electronics currently has a consensus rating of “Buy” and an regular selling price concentrate on of GBX 287 ($3.54).
Shares of TTG inventory opened at GBX 184 ($2.27) on Friday. The organization has a 50-working day going common value of GBX 195.77 and a 200 day relocating common rate of GBX 224.62. TT Electronics has a twelve month small of GBX 164.28 ($2.03) and a twelve thirty day period higher of GBX 296.50 ($3.66). The business has a market capitalization of £324.40 million and a rate-to-earnings ratio of 25.56. The business has a present-day ratio of 2.02, a speedy ratio of 1.01 and a credit card debt-to-equity ratio of 51.76.
In other news, insider Warren Tucker sold 37,500 shares of the business’s inventory in a transaction dated Tuesday, April 26th. The stock was bought at an ordinary price tag of GBX 203 ($2.50), for a whole transaction of £76,125 ($93,854.03). Also, insider Richard Tyson marketed 39,503 shares of the business’s inventory in a transaction dated Wednesday, March 16th. The stock was offered at an common value of GBX 201 ($2.48), for a complete worth of £79,401.03 ($97,893.02).
About TT Electronics (Get Rating)
TT Electronics plc provides engineered electronics for general performance vital applications in the automation and electrification, healthcare, and aerospace and defense markets worldwide. The corporation operates by way of three divisions: Ability and Connectivity, Global Manufacturing Options, and Sensors and Expert Parts.
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