Ultra Electronics Holdings plc 4.6% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Ultra Electronics Holdings plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 2250 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.6% from the opening price of 2152 GBX. Over the last 30 and 90 trading days the company share price has increased 443 points and increased 533 points respectively. The 52 week high share price is 2164 GBX while the 52 week low for the share price is 1200 GBX.

Ultra Electronics Holdings plc has a 50 day moving average of 1,743.62 GBX and the 200 Day Moving Average price is recorded at 1,535.07. There are currently 424,850,961 shares in issue with the average daily volume traded being 257,122. Market capitalisation for LON:ULE is £1,512,034,816 GBP.

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