Ultra Electronics Holdings plc 11.5% Potential Upside Indicated by Berenberg

Broker Ratings

Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 2600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.5% from the opening price of 2332 GBX. Over the last 30 and 90 trading days the company share price has increased 341 points and increased 428 points respectively. The 1 year high for the stock price is 2458 GBX while the 52 week low for the stock is 1446 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 2,098.10 GBX and a 200 Day Moving Average share price is recorded at 2,078.65. There are currently 71,017,364 shares in issue with the average daily volume traded being 258,399. Market capitalisation for LON:ULE is £1,708,677,681 GBP.

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