Ultra Electronics Holdings plc (ULE) Receives “Buy” Rating from Liberum Capital
Ultra Electronics Holdings plc (LON:ULE)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 2,300 ($29.30) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 13.24% from the company’s current price.
A number of other research firms also recently weighed in on ULE. Deutsche Bank AG dropped their target price on Ultra Electronics Holdings plc from GBX 2,100 ($26.76) to GBX 2,050 ($26.12) and set a “hold” rating for the company in a research report on Thursday, May 18th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 2,350 ($29.94) target price on shares of Ultra Electronics Holdings plc in a research report on Friday, April 21st. Berenberg Bank downgraded Ultra Electronics Holdings plc to a “hold” rating and boosted their price objective for the company from GBX 2,000 ($25.48) to GBX 2,250 ($28.67) in a research report on Friday, March 10th. Finally, Barclays PLC boosted their price objective on Ultra Electronics Holdings plc from GBX 1,990 ($25.35) to GBX 2,140 ($27.26) and gave the company an “equal weight” rating in a research report on Monday, March 20th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 2,178.11 ($27.75).
Ultra Electronics Holdings plc (LON ULE) opened at 2031.00 on Thursday. The company’s market cap is GBX 1.43 billion. Ultra Electronics Holdings plc has a one year low of GBX 1,573.00 and a one year high of GBX 2,245.00. The company has a 50-day moving average of GBX 2,099.16 and a 200-day moving average of GBX 2,017.63.
COPYRIGHT VIOLATION NOTICE: “Ultra Electronics Holdings plc (ULE) Receives “Buy” Rating from Liberum Capital” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/06/25/ultra-electronics-holdings-plc-ule-receives-buy-rating-from-liberum-capital-2.html.
Ultra Electronics Holdings plc Company Profile
Ultra Electronics Holdings plc provides 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.
Receive News & Ratings for Ultra Electronics Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Electronics Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.