Could TT Electronics plc Decline After Today’s Huge Increase?

 Could TT Electronics plc Decline After Today's Huge Increase?

The stock of TT Electronics plc (LON:TTG) is a huge mover today! The stock decreased 0.74% or GBX 1 on November 18, hitting GBX 135. About 24,224 shares traded hands. TT Electronics plc (LON:TTG) has declined 9.48% since April 20, 2016 and is downtrending. It has underperformed by 13.91% the S&P500.
The move comes after 5 months positive chart setup for the GBX 227.39M company. It was reported on Nov, 18 by Barchart.com. We have GBX 194.40 PT which if reached, will make LON:TTG worth GBX 100.05M 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. GBX 180 is the highest target while GBX 130 is the lowest. The GBX 166.43 average target is 23.28% above today’s (GBX 135) stock price. TT Electronics PLC has been the topic of 26 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, November 17 by Canaccord Genuity. Numis Securities maintained TT Electronics plc (LON:TTG) rating on Thursday, November 17. Numis Securities has “Buy” rating and GBX 180 price target. The stock of TT Electronics plc (LON:TTG) earned “Hold” rating by Liberum Capital on Friday, October 16. The firm has “Add” rating given on Thursday, March 10 by Numis Securities. Numis Securities upgraded the stock to “Buy” rating in Tuesday, November 17 report. The company was maintained on Thursday, November 19 by Canaccord Genuity. Investec maintained the stock with “Hold” rating in Thursday, February 11 report. The stock of TT Electronics plc (LON:TTG) has “Hold” rating given on Tuesday, December 22 by Berenberg. The firm has “Buy” rating by Canaccord Genuity given on Thursday, August 20. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, August 24.

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 227.39 million GBP. The Company’s divisions include Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services . It has a 21.25 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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