Ultra Electronics Holdings plc (LON:ULE) had its target price lifted by JPMorgan Chase & Co. from GBX 1,850 ($22.90) to GBX 2,130 ($26.36) in a report released on Monday. They currently have an overweight rating on the stock.
Other equities research analysts have also issued research reports about the stock. Berenberg Bank decreased their price objective on shares of Ultra Electronics Holdings plc from GBX 2,100 ($25.99) to GBX 2,000 ($24.75) and set a buy rating on the stock in a report on Tuesday, September 6th. Canaccord Genuity reduced their target price on shares of Ultra Electronics Holdings plc from GBX 2,025 ($25.06) to GBX 1,980 ($24.50) and set a buy rating on the stock in a research note on Thursday, June 30th. Investec reaffirmed a buy rating and issued a GBX 2,000 ($24.75) target price on shares of Ultra Electronics Holdings plc in a research note on Monday, August 1st. Barclays PLC reaffirmed an equal weight rating and issued a GBX 1,735 ($21.47) target price on shares of Ultra Electronics Holdings plc in a research note on Tuesday, August 2nd. Finally, Deutsche Bank AG reduced their target price on shares of Ultra Electronics Holdings plc from GBX 1,732 ($21.44) to GBX 1,670 ($20.67) and set a hold rating on the stock in a research note on Tuesday, August 2nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 1,924.74 ($23.82).
Ultra Electronics Holdings plc (LON:ULE) opened at 1882.00 on Monday. The stock’s market capitalization is GBX 1.32 billion. Ultra Electronics Holdings plc has a 12 month low of GBX 1,573.00 and a 12 month high of GBX 2,044.00. The company’s 50-day moving average is GBX 1,759.35 and its 200-day moving average is GBX 1,745.24.
The company also recently declared a dividend, which was paid on Friday, September 23rd. Investors of record on Thursday, September 1st were given a GBX 14.20 ($0.18) dividend. The ex-dividend date of this dividend was Thursday, September 1st. This represents a dividend yield of 0.83%.
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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