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Ultra Electronics Holdings plc 11.3% Potential Upside Indicated by Goldman Sachs

Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 1759 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.3% from today’s opening price of 1581 GBX. Over the last 30 and 90 trading days the company share price has increased 258 points and increased 275 points respectively. The 1 year high for the share price is 1763 GBX while the year low stock price is currently 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,333.37 GBX and a 200 day moving average of 1,511.69. There are currently 73,832,069 shares in issue with the average daily volume traded being 281,932. Market capitalisation for LON:ULE is £1,145,135,160 GBP.