TT Electronics Appoints Eric Lakin as CEO

TT Electronics ( (GB:TTG) ) has provided an update.

TT Electronics has appointed Eric Lakin as its Chief Executive Officer, following an extensive search process. Lakin, who has been acting CEO since April 2025, is recognized for his leadership and sector experience, and is expected to focus on stabilizing and turning around the company to meet stakeholder expectations.

The most recent analyst rating on (GB:TTG) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.

Spark’s Take on GB:TTG Stock

According to Spark, TipRanks’ AI Analyst, GB:TTG is a Neutral.

TT Electronics’ overall stock score reflects significant financial and technical challenges. The company’s declining revenues and profitability issues weigh heavily on its financial performance score. Technical analysis indicates bearish momentum, further impacting the stock’s outlook. While the high dividend yield offers some appeal, the negative P/E ratio underscores valuation concerns. Corporate events suggest potential strategic improvements, but these are not included in the score.

To see Spark’s full report on GB:TTG stock, click here.

More about TT Electronics

TT Electronics is a global provider of engineered electronics for performance-critical applications, operating in industries such as Healthcare, Aerospace, Defence, Automation, and Electrification. The company designs and manufactures products like power management devices, sensors, and connectivity solutions, with facilities in the UK, North America, and Asia.

Average Trading Volume: 271,948

Technical Sentiment Signal: Sell

Current Market Cap: £160.6M

See more data about TTG stock on TipRanks’ Stock Analysis page.