Ultra Electronics Holdings plc 18.6% Potential Upside Indicated by Credit Suisse

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 ‘OUTPERFORM’ today by analysts at Credit Suisse. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 2550 GBX on its stock. This would imply the analyst believes there is now a potential upside of 18.6% from the opening price of 2150 GBX. Over the last 30 and 90 trading days the company share price has increased 250 points and increased 275 points respectively. The 1 year high stock price is 2346 GBX while the year low share price is currently 1446 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,985.54 GBX and a 200 Day Moving Average share price is recorded at 2,071.24. There are currently 71,001,557 shares in issue with the average daily volume traded being 134,963. Market capitalisation for LON:ULE is £1,482,512,781 GBP.

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