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Universal Electronics Inc (NASDAQ:UEIC) target price raised to $87.00, reported today by Lake Street Capital

Stating a possible upside of 0.14%, Lake Street Capital upped the target price of Universal Electronics Inc (NASDAQ:UEIC) to $87.

Previously on Thursday August 18 2016, Lake Street reported about Universal Electronics Inc(NASDAQ:UEIC) raised the target price from $0.00 to $87.00. At the time, this suggested an upside of 0.10%.

Yesterday Universal Electronics Inc (NASDAQ:UEIC) traded 1.65% lower at $76.41. UEIC’s 50-day moving average is $76.28 and its two hundred day average is $68.32. The last stock price is up 5.66% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the date range. 169,182 shares of the stock traded, up from ann avg. volume of 108,580.

See Graph Below:

Universal Electronics Inc (NASDAQ:UEIC)

Universal Electronics Inc has a price-earnings of 43 with a one-year low of $40.28 and a one-year high of $80.42 and has a total market value of $0.0.

Brief Synopsis On Universal Electronics Inc (NASDAQ:UEIC)

Universal Electronics Inc. (UEI) develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video (AV) accessories, and intelligent wireless security and automation components. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold primarily to subscription broadcasting providers, original equipment manufacturers (OEMs), retailers, and private label customers, and integrated circuits, on which its software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers. Its offerings also include software, firmware and technology solutions that enable devices, such as televisions, set-top boxes, stereos, smart phones tablets, and gaming controllers and other consumer electronic devices to wirelessly connect and interact with home networks and interactive services.

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