TT Electronics (LON:TTG) Price Target Raised to GBX 160

Key Points

• Royal Bank of Canada raised TT Electronics’ price target from GBX 115 to GBX 160 while maintaining a “sector perform” rating, implying 6.84% upside from the previous close.
• Analyst views remain mixed: Berenberg upgraded the stock to “buy” with a GBX 200 target, while Jefferies kept a “hold” rating and GBX 110 target. The consensus rating is “Hold,” with an average target of GBX 144.
• TT Electronics’ recovery is showing signs of progress, including a return to profit and higher guidance, but negative net margin and return on equity indicate that financial risks remain.

TT Electronics (LON:TTG - Get Free Report) had its target price hoisted by research analysts at Royal Bank Of Canada from GBX 115 to GBX 160 in a note issued to investors on Thursday, Digital Look reports. The brokerage currently has a "sector perform" rating on the stock. Royal Bank Of Canada's price target suggests a potential upside of 6.84% from the stock's previous close.

Several other research firms have also recently commented on TTG. Jefferies Financial Group reissued a "hold" rating and set a GBX 110 target price on shares of TT Electronics in a research note on Wednesday. Berenberg Bank increased their target price on shares of TT Electronics from GBX 150 to GBX 200 and gave the company a "buy" rating in a research report on Wednesday. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of GBX 144.

TT Electronics Price Performance

TTG opened at GBX 149.76 on Thursday. The stock's 50-day moving average price is GBX 126.51 and its 200 day moving average price is GBX 120.91. TT Electronics has a 12-month low of GBX 93 and a 12-month high of GBX 155. The company has a current ratio of 1.71, a quick ratio of 0.93 and a debt-to-equity ratio of 70.10. The firm has a market cap of £267.21 million, a price-to-earnings ratio of -5.25, a PEG ratio of 0.60 and a beta of 0.83.

TT Electronics (LON:TTG - Get Free Report) last announced its earnings results on Wednesday, September 2nd. The company reported GBX 5.70 EPS for the quarter. TT Electronics had a negative return on equity of 31.21% and a negative net margin of 10.51%. As a group, sell-side analysts expect that TT Electronics will post 16.7485822 earnings per share for the current year.

Insiders Place Their Bets

In other TT Electronics news, insider Phil Swash acquired 100,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were bought at an average cost of GBX 119 per share, with a total value of £119,000. 8.80% of the stock is currently owned by corporate insiders.

Trending Headlines about TT Electronics

Here are the key news stories impacting TT Electronics this week:

• Positive Sentiment: Returned to profit and raised guidance: TT Electronics reported a first-half profit and increased its FY26 adjusted operating profit forecast to a level ahead of market expectations. The upgrade followed improved margins, supporting the view that its recovery and cost-control efforts are gaining traction. TT Electronics Turns To Profit In H1, Lifts FY26 Adjusted Profit View TT Electronics Raises Full-Year Profit Outlook
• Positive Sentiment: Strongest analyst upgrade: Berenberg raised its price target for TTG from GBX 150 to GBX 200 and upgraded the shares to “buy,” indicating substantial potential upside if the improved margins and earnings recovery continue.
• Positive Sentiment: Recovery narrative gaining momentum: Investor-focused coverage characterized TT Electronics as preparing for renewed growth, reinforcing the market’s focus on operational improvement and the upgraded earnings outlook. TT Electronics Prepares for Take-Off
• Neutral Sentiment: Analyst opinion is mixed: Jefferies reaffirmed its “hold” rating and retained a GBX 110 price target, well below Berenberg’s target. This suggests some analysts remain cautious about the durability of the recovery.
• Negative Sentiment: Underlying financial risks remain: The reported quarterly EPS was GBX 5.70, but TT Electronics still had a negative return on equity and negative net margin in the accompanying results data. These weaknesses could limit further gains if margin improvement fails to persist. TT Electronics Earnings Results and Conference Call

TT Electronics Company Profile

TT Electronics is a global provider of engineered electronics for performance critical applications. TT engineers and manufactures electronic solutions enabling a safer, healthier and more sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, automation and electrification. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions.

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