Ultra Electronics Holdings plc 26.3% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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Ultra Electronics Holdings plc with EPIC/TICKER (LON:ULE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 1687 GBX on its stock. This indicates the analyst believes there is a potential downside of -26.3% from the opening price of 2288 GBX. Over the last 30 and 90 trading days the company share price has increased 196 points and increased 362 points respectively. The 1 year high stock price is 2346 GBX while the year low stock price is currently 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 2,153.52 GBX and a 200 Day Moving Average share price is recorded at 1,936.75. There are currently 70,961,527 shares in issue with the average daily volume traded being 138,696. Market capitalisation for LON:ULE is £1,623,600,035 GBP.

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