JP Morgan Cazenove announced Ultra Electronics Holdings PLC (LON:ULE), bumping up its stock price target to 2,130.00GBX today
- Updated: October 9, 2016
JP Morgan Cazenove raised the target price of Ultra Electronics Holdings PLC (LON:ULE) to 2,130.00GBX stating a potential upside of 0.14%.
On Wednesday September 14, 2016, JP Morgan Cazenove released a statement for Ultra Electronics Holdings PLC (LON:ULE) maintained the target price at 1,850.00GBX that suggested an upside of 0%.
Boasting a price of 1,871.00GBX, Ultra Electronics Holdings PLC (LON:ULE) traded 1.30% higher on the day. With the last stock price close up 7.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ultra Electronics Holdings PLC has recorded a 50-day average of 1,741.28GBX and a two hundred day average of 1,742.68GBX. Volume of trade was down over the average, with 41,413 shares of ULE changing hands under the typical 191,561
See Chart Below
Ultra Electronics Holdings PLC has a 52 week low of 1,573.00GBX and a 52 week high of 2,044.00GBX with a P/E ratio of 30.16 The company’s market cap is currently 0 GBX.
In addition to JP Morgan Cazenove reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is 1,928.10GBX with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 5 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Ultra Electronics Holdings PLC (LON:ULE)
Ultra Electronics Holdings plc is a United Kingdom-based company, which manages a portfolio of solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land. The Aerospace & Infrastructure segment provides specialist solutions to the aerospace, rail, energy and nuclear markets. The Communications & Security division provides mission critical, information dominance solutions to governments and law enforcement agencies across the world. The Communications & Security segment specializes in cyber security, communications, surveillance and electronic warfare capabilities. The Maritime & Land segment delivers solutions for maritime and land platforms. The segment also provides sensors, combat management systems, power solutions for surface, sub-surface and unmanned platforms.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.