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Ultra Electronics Holdings plc 9.6% Potential Upside Indicated by Kepler Cheuvreux

Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Kepler Cheuvreux. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Kepler Cheuvreux have set their target price at 1650 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.6% from the opening price of 1506 GBX. Over the last 30 and 90 trading days the company share price has increased 99 points and increased 111 points respectively. The 1 year high for the stock price is 2180 GBX while the 52 week low for the stock is 1138 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,426.70 GBX and the 200 Day Moving Average price is recorded at 1,555.75. There are currently 74,542,564 shares in issue with the average daily volume traded being 370,599. Market capitalisation for LON:ULE is £1,134,537,824 GBP.