Ultra Electronics Holdings plc 13.1% Potential Upside Indicated by Numis

Broker Ratings
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Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘ADD’ this morning by analysts at Numis. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Numis have set their target price at 1850 GBX on its stock. This is indicating the analyst believes there is a potential upside of 13.1% from today’s opening price of 1635 GBX. Over the last 30 and 90 trading days the company share price has increased 29 points and increased 322 points respectively. The 1 year high share price is 1763 GBX while the 52 week low for the share price is 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,554.70 GBX and a 200 Day Moving Average share price is recorded at 1,490.68. There are currently 70,835,807 shares in issue with the average daily volume traded being 192,382. Market capitalisation for LON:ULE is £1,168,790,700 GBP.

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