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TT Electronics plc 46% Potential Upside Indicated by HSBC

TT Electronics plc using EPIC/TICKER code (LON:TTG) had its stock rating noted as ‘Reiterates’ 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 a target price of 330 GBX on its stock. This is indicating the analyst believes there is a potential upside of 46.0% from the opening price of 226 GBX. Over the last 30 and 90 trading days the company share price has decreased 1 points and decreased 18 points respectively. The 1 year high for the share price is 282 GBX while the year low share price is currently 176 GBX.

TT Electronics plc has a 50 day moving average of 234.47 GBX and a 200 Day Moving Average share price is recorded at 223.73. There are currently 163,494,351 shares in issue with the average daily volume traded being 118,411. Market capitalisation for LON:TTG is £367,698,785 GBP.