Ultra Electronics Holdings plc 13% Potential Upside Indicated by Berenberg

Broker Ratings

Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 1750 GBX on its stock. This is indicating the analyst believes there is a potential upside of 13.0% from the opening price of 1549 GBX. Over the last 30 and 90 trading days the company share price has increased 248 points and increased 276 points respectively. The 52 week high for the share price is currently at 1763 GBX while the year low share price is currently 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,352.30 GBX and a 200 day moving average of 1,509.71. There are currently 73,832,069 shares in issue with the average daily volume traded being 295,251. Market capitalisation for LON:ULE is £1,132,583,953 GBP.

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