Ultra Electronics Holdings plc’s (LON:ULE) “Buy” Rating Reiterated at Liberum Capital

Liberum Capital reiterated their buy rating on shares of Ultra Electronics Holdings plc (LON:ULE) in a report released on Monday. The firm currently has a GBX 2,300 ($29.95) price target on the stock.

ULE has been the topic of a number of other reports. J P Morgan Chase & Co reiterated an overweight rating and set a GBX 2,350 ($30.60) price objective on shares of Ultra Electronics Holdings plc in a research note on Friday, April 21st. Investec reiterated a buy rating and set a GBX 2,300 ($29.95) price objective on shares of Ultra Electronics Holdings plc in a research note on Thursday, June 22nd. Deutsche Bank AG reduced their price objective on shares of Ultra Electronics Holdings plc from GBX 2,100 ($27.35) to GBX 2,050 ($26.70) and set a hold rating on the stock in a research note on Thursday, May 18th. Finally, Kepler Capital Markets reiterated a buy rating and set a GBX 2,300 ($29.95) price objective on shares of Ultra Electronics Holdings plc in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 2,207.88 ($28.75).

Shares of Ultra Electronics Holdings plc (LON:ULE) opened at 1946.00 on Monday. Ultra Electronics Holdings plc has a 12-month low of GBX 1,649.00 and a 12-month high of GBX 2,245.00. The firm has a 50-day moving average of GBX 2,047.85 and a 200-day moving average of GBX 2,047.20. The firm’s market cap is GBX 1.37 billion.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at https://sportsperspectives.com/2017/08/10/ultra-electronics-holdings-plcs-lonule-buy-rating-reiterated-at-liberum-capital.html.

The firm also recently declared a dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, August 31st will be given a GBX 14.60 ($0.19) dividend. The ex-dividend date is Thursday, August 31st. This represents a dividend yield of 0.77%.

In other Ultra Electronics Holdings plc news, insider Martin Broadhurst purchased 600 shares of Ultra Electronics Holdings plc stock in a transaction dated Wednesday, August 9th. The shares were bought at an average cost of GBX 1,901 ($24.76) per share, for a total transaction of £11,406 ($14,853.50). Also, insider Sir Robert Walmsley purchased 400 shares of Ultra Electronics Holdings plc stock in a transaction dated Tuesday, August 8th. The stock was acquired at an average price of GBX 1,957 ($25.49) per share, for a total transaction of £7,828 ($10,194.04). Over the last 90 days, insiders bought 1,015 shares of company stock worth $1,954,606.

About Ultra Electronics Holdings plc

Ultra Electronics Holdings plc provides 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.

Analyst Recommendations for Ultra Electronics Holdings plc (LON:ULE)

Receive News & Ratings for Ultra Electronics Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Electronics Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply