Ultra Electronics Holdings plc Given “Equal Weight” Rating at Barclays (ULE)
Ultra Electronics Holdings plc (LON:ULE)‘s stock had its “equal weight” rating reiterated by investment analysts at Barclays in a note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a GBX 1,860 ($31.33) target price on the stock. Barclays’ price target indicates a potential upside of 4.49% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Ultra Electronics Holdings plc in a research note on Thursday, May 1st. They now have a GBX 1,765 ($29.73) price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of Ultra Electronics Holdings plc in a research note on Monday, April 28th. They set a “buy” rating and a GBX 2,000 ($33.69) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Ultra Electronics Holdings plc in a research note on Monday, April 28th. They now have a GBX 2,000 ($33.69) price target on the stock. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Ultra Electronics Holdings plc currently has a consensus rating of “Hold” and an average target price of GBX 1,954.44 ($32.92).
Shares of Ultra Electronics Holdings plc (LON:ULE) opened at 1779.9999 on Monday. Ultra Electronics Holdings plc has a one year low of GBX 1588.00 and a one year high of GBX 2003.0001. The stock has a 50-day moving average of GBX 1736. and a 200-day moving average of GBX 1852.. The company’s market cap is £1.238 billion.
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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