TT Electronics (OTCMKTS:TTGPF) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of TT Electronics (OTCMKTS:TTGPFGet Rating) from a sell rating to a hold rating in a report published on Tuesday, Zacks.com reports.

According to Zacks, “TT electronics plc manufactures electronic and electrical components for the automotive, telecommunication and industrial engineering sectors. Its operating segment includes Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services segments. The company’s products include electronic components and systems, electrical cables, uninterruptible power supplies and generators. TT electronics plc is based in Woking, the United Kingdom. “

Separately, Berenberg Bank reduced their target price on TT Electronics from GBX 320 ($3.95) to GBX 315 ($3.88) and set a buy rating on the stock in a report on Wednesday, January 19th.

Shares of OTCMKTS:TTGPF opened at $2.14 on Tuesday. TT Electronics has a 1 year low of $2.14 and a 1 year high of $4.31. The business’s 50 day simple moving average is $2.46 and its 200 day simple moving average is $2.96.

TT Electronics Company Profile (Get Rating)

TT Electronics plc provides engineered electronics for performance critical applications in the automation and electrification, healthcare, and aerospace and defense markets worldwide. The company operates through three divisions: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.

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