TT Electronics plc’s (TTG) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of TT Electronics plc (LON:TTG) in a report published on Tuesday. They currently have a GBX 275 ($3.63) price objective on the stock.

A number of other brokerages also recently commented on TTG. Berenberg Bank reissued a buy rating on shares of TT Electronics plc in a research report on Wednesday, September 6th. Investec reissued a buy rating and issued a GBX 258 ($3.40) price objective on shares of TT Electronics plc in a research report on Tuesday, August 22nd. Numis Securities Ltd reissued a buy rating and issued a GBX 260 ($3.43) price objective on shares of TT Electronics plc in a research report on Friday, August 11th. Finally, Liberum Capital reissued a buy rating and issued a GBX 225 ($2.97) price objective on shares of TT Electronics plc in a research report on Friday, August 11th. Seven research analysts have rated the stock with a buy rating, TT Electronics plc currently has a consensus rating of Buy and an average target price of GBX 234.71 ($3.10).

Shares of TT Electronics plc (LON TTG) opened at GBX 226 ($2.98) on Tuesday.

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The firm also recently disclosed a dividend, which was paid on Thursday, October 19th. Shareholders of record on Thursday, October 5th were given a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 0.79%. The ex-dividend date was Thursday, October 5th.

About TT Electronics plc

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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