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Ultra Electronics Holdings plc 28.7% Potential Upside Indicated by Kepler Cheuvreux

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 Kepler Cheuvreux. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Kepler Cheuvreux have set a target price of 1600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 28.7% from today’s opening price of 1243 GBX. Over the last 30 and 90 trading days the company share price has decreased 588 points and decreased 662 points respectively. The 52 week high for the stock is 2245 GBX while the 52 week low is 1155 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,808.44 GBX and a 200 Day Moving Average share price is recorded at 1,999.58. There are currently 681,888,425 shares in issue with the average daily volume traded being 452,792. Market capitalisation for LON:ULE is £935,106,673 GBP.

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