UGL Limited Price Target Increased to $6.67 by Analysts at Morningstar (UGL)
Morningstar upped their target price on shares of UGL Limited (ASX:UGL) to $6.67 in a research note issued on Sunday, American Banking News.com reports. The firm currently has an “accumulate” rating on the stock.
UGL Limited (ASX:UGL) traded down 1.39% during mid-day trading on Friday, hitting A$7.090. The stock had a trading volume of 497,150 shares. UGL Limited has a 1-year low of A$6.040 and a 1-year high of A$11.900. The stock has a 50-day moving average of A$6.82 and a 200-day moving average of A$7.31. The company has a market cap of A$1.157 billion and a P/E ratio of 32.83.
A number of other firms have also recently commented on UGL. Analysts at ING Group raised their price target on shares of UGL Limited to $6.67 in a research note to investors on Sunday. They now have an “accumulate” rating on the stock.
UGL Limited is a diversified services company. The Company consists of three complementary businesses: UGL Engineering, UGL Operations & Maintenance and DTZ Property.
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