Ultra Electronics Holdings plc Rating Reiterated by JPMorgan Chase & Co. (ULE)
Ultra Electronics Holdings plc (LON:ULE)‘s stock had its “neutral” rating restated by JPMorgan Chase & Co. in a research note issued on Monday, AR Network reports. They currently have a GBX 2,000 ($33.60) price target on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 15.41% from the stock’s previous close.
Shares of Ultra Electronics Holdings plc (LON:ULE) opened at 1729.9999 on Monday. Ultra Electronics Holdings plc has a 1-year low of GBX 1588.00 and a 1-year high of GBX 2003.0001. The stock has a 50-day moving average of GBX 1771. and a 200-day moving average of GBX 1868.. The company’s market cap is £1.204 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Ultra Electronics Holdings plc in a research note on Thursday, March 20th. They now have a GBX 1,955 ($32.85) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Ultra Electronics Holdings plc from GBX 1,750 ($29.40) to GBX 1,765 ($29.65) in a research note on Tuesday, March 4th. They now have a “hold” rating on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Ultra Electronics Holdings plc in a research note on Monday, March 3rd. They now have a GBX 2,000 ($33.60) price target on the stock, up previously from GBX 200 ($3.36). Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,943.75 ($32.66).
Ultra Electronics Holdings plc is a holding company. It is a group of specialist businesses designing, manufacturing and supporting electronic, electro-mechanical and software systems, sub-systems and products for defense, security, transport and energy applications worldwide.
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