Deutsche Bank Now Covering TTM Tech (TTMI) With $19.0 Target

June 14, 2018 - By Maria Brooks

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.27, from 1.14 in 2017Q4. It turned negative, as 29 investors sold TTM Technologies, Inc. shares while 74 reduced holdings. 26 funds opened positions while 64 raised stakes. 105.33 million shares or 1.56% more from 103.71 million shares in 2017Q4 were reported.

Goldman Sachs Gp holds 0% or 302,225 shares. Willingdon Wealth Mngmt stated it has 0% of its portfolio in TTM Technologies, Inc. (NASDAQ:TTMI). Moreover, Hodges Capital Mngmt Incorporated has 0.1% invested in TTM Technologies, Inc. (NASDAQ:TTMI) for 85,000 shares. Automobile Association holds 0.01% of its portfolio in TTM Technologies, Inc. (NASDAQ:TTMI) for 130,435 shares. Moreover, Fmr Limited Liability Company has 0.02% invested in TTM Technologies, Inc. (NASDAQ:TTMI). Howe & Rusling Inc has invested 0% in TTM Technologies, Inc. (NASDAQ:TTMI). Prudential Fin Inc holds 778,998 shares or 0.02% of its portfolio. Bancorporation Of Nova Scotia holds 0.01% of its portfolio in TTM Technologies, Inc. (NASDAQ:TTMI) for 176,452 shares. Janney Montgomery Scott Limited Liability Com reported 25,325 shares. Ontario – Canada-based Manufacturers Life Insurance The has invested 0.01% in TTM Technologies, Inc. (NASDAQ:TTMI). Wells Fargo And Mn has invested 0% in TTM Technologies, Inc. (NASDAQ:TTMI). Piedmont Invest Advsr Lc has invested 0.01% in TTM Technologies, Inc. (NASDAQ:TTMI). Principal Financial Gp stated it has 0.01% of its portfolio in TTM Technologies, Inc. (NASDAQ:TTMI). Fiera Capital invested in 355,866 shares or 0.03% of the stock. Finance Architects has 0% invested in TTM Technologies, Inc. (NASDAQ:TTMI).

Since December 15, 2017, it had 0 buys, and 13 insider sales for $2.65 million activity. Another trade for 105,324 shares valued at $1.70M was sold by Chung Tai Keung. ALDER KENTON K also sold $48,285 worth of TTM Technologies, Inc. (NASDAQ:TTMI) shares. On Thursday, February 22 Hardwick William Kent sold $31,325 worth of TTM Technologies, Inc. (NASDAQ:TTMI) or 2,000 shares. $19,906 worth of TTM Technologies, Inc. (NASDAQ:TTMI) was sold by Weber Daniel J on Tuesday, June 5. 3,962 shares were sold by Titterton Philip, worth $63,758 on Monday, February 26. Pereira Jon sold $32,946 worth of stock.

Why Has Deutsche Bank Given TTM Tech (TTMI) a $19.0 Price Target

In a research note issued today, Deutsche Bank analysts has initiated TTM Tech (TTMI) coverage with Hold rating, and a $19.0 price target.

The stock decreased 2.44% or $0.47 during the last trading session, reaching $18.83. About 913,967 shares traded or 5.53% up from the average. TTM Technologies, Inc. (TTMI) has risen 4.20% since June 15, 2017 and is uptrending. It has underperformed by 8.37% the S&P500.

Analysts await TTM Technologies, Inc. (NASDAQ:TTMI) to report earnings on August, 1. They expect $0.23 EPS, up 27.78 % or $0.05 from last year’s $0.18 per share. TTMI’s profit will be $23.79 million for 20.47 P/E if the $0.23 EPS becomes a reality. After $0.09 actual EPS reported by TTM Technologies, Inc. for the previous quarter, Wall Street now forecasts 155.56 % EPS growth.

TTM Technologies, Inc., together with its subsidiaries, makes printed circuit boards worldwide. The company has market cap of $1.95 billion. It provides a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates. It has a 18.07 P/E ratio. It also produces test specialized circuits that are used in radio-frequency or microwave emission and collection applications; printed circuits with heavy copper cores, and embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores.

More recent TTM Technologies, Inc. (NASDAQ:TTMI) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” on June 14, 2018. Also Benzinga.com published the news titled: “TTM Technologies Is Fairly Valued, Deutsche Bank Says In Neutral Initiation” on June 14, 2018. Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 14, 2018” with publication date: June 14, 2018 was also an interesting one.

TTM Technologies, Inc. (NASDAQ:TTMI) Institutional Positions Chart

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