TT Electronics (OTCMKTS:TTGPF) Rating Increased to Strong-Buy at Berenberg Bank

TT Electronics (OTCMKTS:TTGPF) was upgraded by Berenberg Bank to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

TT Electronics Trading Up 9.5%

OTCMKTS TTGPF opened at $1.62 on Monday. TT Electronics has a 12 month low of $1.02 and a 12 month high of $2.05. The company’s 50 day simple moving average is $1.49 and its 200 day simple moving average is $1.58.

About TT Electronics

TT Electronics plc is a global provider of engineered electronics for performance-critical applications. The company develops and manufactures a range of sensors, precision resistors, magnetics and power modules, as well as connectors and cable assemblies. Its solutions support industries such as transportation, medical devices, industrial automation, defense and aerospace.

Operating from manufacturing and design centers across Europe, North America and Asia, TT Electronics serves a diverse international customer base.