Ultra Electronics Holdings plc (ULE) PT Raised to GBX 2,130 at JPMorgan Chase & Co.
Ultra Electronics Holdings plc (LON:ULE) had its price target hoisted by analysts at JPMorgan Chase & Co. from GBX 1,850 ($24.15) to GBX 2,130 ($27.80) in a research note issued to investors on Monday. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 15.38% from the company’s current price.
Several other equities research analysts also recently commented on the stock. Goldman Sachs Group Inc. reissued a “neutral” rating and set a GBX 1,933 ($25.23) target price on shares of Ultra Electronics Holdings plc in a research report on Sunday, September 11th. Berenberg Bank decreased their target price on shares of Ultra Electronics Holdings plc from GBX 2,100 ($27.41) to GBX 2,000 ($26.11) and set a “buy” rating for the company in a research report on Tuesday, September 6th. Canaccord Genuity reissued a “buy” rating and set a GBX 1,980 ($25.85) target price on shares of Ultra Electronics Holdings plc in a research report on Friday, August 5th. Deutsche Bank AG decreased their target price on shares of Ultra Electronics Holdings plc from GBX 1,732 ($22.61) to GBX 1,670 ($21.80) and set a “hold” rating for the company in a research report on Tuesday, August 2nd. Finally, Barclays PLC reissued an “equal weight” rating and set a GBX 1,735 ($22.65) target price on shares of Ultra Electronics Holdings plc in a research report on Tuesday, August 2nd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 1,924.74 ($25.12).
Ultra Electronics Holdings plc (LON:ULE) opened at 1871.00 on Monday. The stock’s 50 day moving average is GBX 1,741.28 and its 200 day moving average is GBX 1,742.68. The company’s market capitalization is GBX 1.32 billion. Ultra Electronics Holdings plc has a one year low of GBX 1,573.00 and a one year high of GBX 2,044.00.
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The business also recently announced a dividend, which was paid on Friday, September 23rd. Shareholders of record on Thursday, September 1st were paid a GBX 14.20 ($0.19) dividend. This represents a yield of 0.83%. The ex-dividend date of this dividend was Thursday, September 1st.
Ultra Electronics Holdings plc Company Profile
Ultra Electronics Holdings plc is a United Kingdom-based company, which manages a portfolio of solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.
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