Is Buying TT Electronics plc Here a Winning Strategy?

 Is Buying TT Electronics plc Here a Winning Strategy?

The stock of TT Electronics plc (LON:TTG) is a huge mover today! The stock increased 2.20% or GBX 3 on November 4, hitting GBX 139.25. About 38,393 shares traded hands. TT Electronics plc (LON:TTG) has declined 8.69% since April 7, 2016 and is downtrending. It has underperformed by 9.78% the S&P500.
The move comes after 5 months positive chart setup for the GBX 225.93M company. It was reported on Nov, 4 by Barchart.com. We have GBX 220.02 PT which if reached, will make LON:TTG worth GBX 131.04 million more.

TT Electronics plc (LON:TTG) Ratings Coverage

Out of 7 analysts covering TT Electronics PLC (LON:TTG), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. TT Electronics PLC has been the topic of 24 analyst reports since August 20, 2015 according to StockzIntelligence Inc. Numis Securities maintained TT Electronics plc (LON:TTG) on Thursday, August 20 with “Add” rating. The firm has “Hold” rating by Liberum Capital given on Thursday, March 10. The stock of TT Electronics plc (LON:TTG) earned “Buy” rating by Canaccord Genuity on Tuesday, October 6. The stock has “Add” rating given by Numis Securities on Thursday, March 10. Jefferies maintained TT Electronics plc (LON:TTG) rating on Friday, March 11. Jefferies has “Buy” rating and GBX 170 price target. The stock has “Buy” rating given by Canaccord Genuity on Thursday, August 20. The stock has “Buy” rating given by Canaccord Genuity on Thursday, November 19. The firm earned “Hold” rating on Thursday, February 11 by Investec. The rating was maintained by Canaccord Genuity on Tuesday, October 20 with “Buy”. Peel Hunt upgraded TT Electronics plc (LON:TTG) on Friday, August 12 to “Buy” rating.

Another recent and important TT Electronics plc (LON:TTG) news was published by Fool.Co.Uk which published an article titled: “Why TT Electronics plc Crashed By 30% Today” on November 04, 2014.

TT Electronics plc is a provider of engineered electronics for various applications. The company has a market cap of 225.93 million GBP. The Company’s divisions include Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services . It has a 21.92 P/E ratio. The Transportation Sensing and Control segment develops sensors and control solutions for automotive original equipment manufacturers and tier one suppliers, including powertrain providers for passenger cars and trucks.

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