Ultra Electronics Holdings plc 25.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) had its stock rating noted as ‘Upgrades’ 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 1820 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 25.2% from today’s opening price of 1454 GBX. Over the last 30 and 90 trading days the company share price has increased 141 points and increased 136 points respectively. The 52 week high share price is 1763 GBX while the year low share price is currently 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,327.08 GBX and a 200 Day Moving Average share price is recorded at 1,511.76. There are currently 73,832,069 shares in issue with the average daily volume traded being 243,797. Market capitalisation for LON:ULE is £1,169,499,988 GBP.

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