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Analysts at Morningstar hoisted their target price on shares of UGL Limited (ASX:UGL) from $7.00 to $7.50 in a research report issued to clients and investors on Thursday. The firm currently has a “hold” rating on the stock.

Shares of UGL Limited (ASX:UGL) traded up 0.14% during mid-day trading on Thursday, hitting A$7.050. The stock had a trading volume of 501,772 shares. UGL Limited has a 52 week low of A$5.990 and a 52 week high of A$8.440. The stock’s 50-day moving average is A$6.88 and its 200-day moving average is A$6.89. The company has a market cap of A$1.152 billion and a P/E ratio of 29.33.

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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