Ultra Electronics Holdings plc Stock Rating Reaffirmed by Liberum Capital (ULE)
Ultra Electronics Holdings plc (LON:ULE)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 1,955 ($33.41) price target on the stock. Liberum Capital’s price target points to a potential upside of 10.39% from the stock’s previous close.
Shares of Ultra Electronics Holdings plc (LON:ULE) traded down 0.50% on Monday, hitting GBX 1778.0001. The stock had a trading volume of 30,229 shares. Ultra Electronics Holdings plc has a 1-year low of GBX 1642.00 and a 1-year high of GBX 2003.0001. The stock’s 50-day moving average is GBX 1832.06 and its 200-day moving average is GBX 1838.. The company’s market cap is £1.237 billion.
ULE has been the subject of a number of other recent research reports. Analysts at Investec upgraded shares of Ultra Electronics Holdings plc to a “buy” rating in a research note on Tuesday, June 24th. They now have a GBX 2,100 ($35.89) price target on the stock, up previously from GBX 1,930 ($32.98). Separately, analysts at Berenberg Bank initiated coverage on shares of Ultra Electronics Holdings plc in a research note on Tuesday, June 17th. They set a “hold” rating and a GBX 1,970 ($33.66) price target on the stock. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 1,966 ($33.60).
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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