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TT Electronics plc 38% Potential Upside Indicated by HSBC

TT Electronics plc using EPIC/TICKER code (LON:TTG) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. TT Electronics plc are listed in the Industrials sector within UK Main Market. HSBC have set their target price at 265 GBX on its stock. This would imply the analyst believes there is now a potential upside of 38.0% from the opening price of 192 GBX. Over the last 30 and 90 trading days the company share price has decreased 4 points and decreased 25.5 points respectively. The 1 year high share price is 282 GBX while the 52 week low for the share price is 180.9 GBX.

TT Electronics plc has a 50 day moving average of 203.63 GBX and a 200 day moving average of 235.71. There are currently 163,359,997 shares in issue with the average daily volume traded being 689,063. Market capitalisation for LON:TTG is £310,383,994 GBP.