Ultra Electronics Holdings plc (ULE) Insider K Thomson Purchases 804 Shares
Ultra Electronics Holdings plc (LON:ULE) insider K Thomson purchased 804 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The shares were purchased at an average cost of GBX 1,218 ($16.02) per share, for a total transaction of £9,792.72 ($12,880.07).
Ultra Electronics Holdings plc (LON:ULE) opened at GBX 1,231.34 ($16.20) on Monday. Ultra Electronics Holdings plc has a twelve month low of GBX 1,138 ($14.97) and a twelve month high of GBX 2,245 ($29.53).
Several brokerages have recently commented on ULE. Liberum Capital reissued a “buy” rating and issued a GBX 1,800 ($23.67) price objective on shares of Ultra Electronics in a research note on Monday. Kepler Capital Markets reissued a “buy” rating and issued a GBX 2,300 ($30.25) price objective on shares of Ultra Electronics in a research note on Thursday, August 3rd. Barclays PLC lowered their price objective on Ultra Electronics from GBX 2,085 ($27.42) to GBX 2,045 ($26.90) and set an “equal weight” rating for the company in a research note on Thursday, August 17th. Deutsche Bank AG lowered their price objective on Ultra Electronics from GBX 2,050 ($26.96) to GBX 2,040 ($26.83) and set a “hold” rating for the company in a research note on Tuesday, August 8th. Finally, J P Morgan Chase & Co downgraded Ultra Electronics to a “neutral” rating and lowered their price objective for the stock from GBX 2,420 ($31.83) to GBX 1,785 ($23.48) in a research note on Monday, November 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 1,886.63 ($24.81).
COPYRIGHT VIOLATION WARNING: This article was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this article on another site, it was illegally stolen and reposted in violation of US and international copyright law. The original version of this article can be read at https://www.watchlistnews.com/ultra-electronics-holdings-plc-ule-insider-k-thomson-purchases-804-shares/1728704.html.
About Ultra Electronics
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.
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 Analyst Ratings Network's FREE daily email newsletter.