Liberum Capital restated their buy rating on shares of Ultra Electronics Holdings plc (LON:ULE) in a report issued on Friday. Liberum Capital currently has a GBX 2,300 ($30.25) price objective on the stock.

Several other research analysts have also issued reports on the company. Berenberg Bank lowered Ultra Electronics Holdings plc to a sell rating and reduced their price target for the stock from GBX 2,250 ($29.59) to GBX 1,550 ($20.39) in a research report on Friday. Deutsche Bank AG raised their price objective on Ultra Electronics Holdings plc from GBX 2,040 ($26.83) to GBX 2,080 ($27.36) and gave the stock a hold rating in a research note on Thursday, August 31st. Barclays PLC dropped their price objective on Ultra Electronics Holdings plc from GBX 2,085 ($27.42) to GBX 2,045 ($26.90) and set an equal weight rating on the stock in a research note on Thursday, August 17th. Kepler Capital Markets reaffirmed a buy rating and set a GBX 2,300 ($30.25) price objective on shares of Ultra Electronics Holdings plc in a research note on Thursday, August 3rd. Finally, J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 2,400 ($31.57) price objective on shares of Ultra Electronics Holdings plc in a research note on Monday, July 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 1,949.13 ($25.64).

Ultra Electronics Holdings plc (LON ULE) opened at GBX 1,208 ($15.89) on Friday. Ultra Electronics Holdings plc has a 12-month low of GBX 1,165 ($15.32) and a 12-month high of GBX 2,245 ($29.53).

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In other news, insider Douglas Caster purchased 8,160 shares of the company’s stock in a transaction on Monday, November 13th. The shares were purchased at an average price of GBX 1,215 ($15.98) per share, with a total value of £99,144 ($130,401.16). Also, insider Rakesh Sharma purchased 543 shares of the company’s stock in a transaction on Tuesday, September 5th. The stock was purchased at an average cost of GBX 1,829 ($24.06) per share, for a total transaction of £9,931.47 ($13,062.57). Insiders have purchased a total of 10,059 shares of company stock worth $13,419,347 in the last ninety days.

Ultra Electronics Holdings plc Company Profile

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)

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