Home » Reports » Broker Ratings » Ultra Electronics Holdings plc 9.8% Potential Upside Indicated by JP Morgan Cazenove

Ultra Electronics Holdings plc 9.8% Potential Upside Indicated by JP Morgan Cazenove

Ultra Electronics Holdings plc with EPIC/TICKER (LON:ULE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 2200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.8% from today’s opening price of 2004 GBX. Over the last 30 and 90 trading days the company share price has increased 313 points and increased 395 points respectively. The 1 year high for the share price is 2008 GBX while the 52 week low for the stock is 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,682.57 GBX and the 200 Day Moving Average price is recorded at 1,511.60. There are currently 70,835,985 shares in issue with the average daily volume traded being 198,508. Market capitalisation for LON:ULE is £1,396,177,560 GBP.

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