Ultra Electronics Holdings plc 5.6% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Ultra Electronics Holdings plc using EPIC/TICKER code (LON:ULE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today 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 a target price of 2400 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.6% from today’s opening price of 2273.8 GBX. Over the last 30 and 90 trading days the company share price has increased 187.8 points and increased 341.8 points respectively. The 1 year high share 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 2,148.75 GBX and the 200 Day Moving Average price is recorded at 1,932.98. There are currently 70,961,527 shares in issue with the average daily volume traded being 138,360. Market capitalisation for LON:ULE is £1,610,826,958 GBP.

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