Analyst Rating Update on TTM Technologies (TTMI)

TTM Technologies (NASDAQ:TTMI) : Zacks Investment Research ranks TTM Technologies (NASDAQ:TTMI) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 2 research analysts is 1, which indicates as a Strong Buy.

TTM Technologies (NASDAQ:TTMI) : Average target price received by TTM Technologies (NASDAQ:TTMI) is $10.25 with an expected standard deviation of $1.06. The most aggressive target on the stock is $11, whereas the most downbeat target is $10. 2 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy.

TTM Technologies (NASDAQ:TTMI): stock turned positive on Tuesday. Though the stock opened at $7.02, the bulls momentum made the stock top out at $7.1325 level for the day. The stock recorded a low of $6.93 and closed the trading day at $7, in the green by 0.14%. The total traded volume for the day was 661,663. The stock had closed at $6.99 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Titterton Philip, officer (See Remarks) of Ttm Technologies Inc, had unloaded 9,182 shares at an average price of $6.29 in a transaction dated on February 26, 2016. The total value of the transaction was worth $57,755.

TTM Technologies, Inc. is a provider of printed circuit board (PCB) products and backplane assemblies, which serve as the foundation of electronic products. The Company operates a total of 13 facilities in the United States and the Peoples Republic of China (China). It manages operations based on two geographic operating segments: Asia Pacific, which consists of five PCB fabrication plants, and North America, which consists of seven domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants, and one backplane assembly plant in Shanghai, China, which is managed in conjunction with its United States operations. It serves a range of customer base in various markets, including manufacturers of networking/communications infrastructure products, smartphones, and touchscreen tablets, as well as the aerospace and defense, high-end computing, and industrial/medical industries.

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