Shares of Ultra Electronics Holdings plc (LON:ULE) have been assigned a consensus recommendation of “Hold” from the ten research firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,708.56 ($22.33).

A number of analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Ultra Electronics in a research report on Wednesday, May 29th. They issued a “hold” rating and a GBX 1,775 ($23.19) target price on the stock. Numis Securities assumed coverage on shares of Ultra Electronics in a research report on Wednesday, May 8th. They issued an “add” rating and a GBX 1,850 ($24.17) target price on the stock. Peel Hunt upped their target price on shares of Ultra Electronics from GBX 1,450 ($18.95) to GBX 1,700 ($22.21) and gave the stock an “add” rating in a research report on Friday, May 3rd. Goldman Sachs Group reduced their target price on shares of Ultra Electronics from GBX 1,759 ($22.98) to GBX 1,592 ($20.80) and set a “neutral” rating on the stock in a research report on Friday, March 15th. Finally, Berenberg Bank raised shares of Ultra Electronics to a “buy” rating and increased their price objective for the company from GBX 1,500 ($19.60) to GBX 1,750 ($22.87) in a research report on Thursday, March 14th.

LON:ULE opened at GBX 1,591 ($20.79) on Friday. The stock has a market capitalization of $1.12 billion and a PE ratio of 36.49. The company has a current ratio of 1.02, a quick ratio of 0.72 and a debt-to-equity ratio of 60.30. Ultra Electronics has a 1-year low of GBX 1,200 ($15.68) and a 1-year high of GBX 1,763 ($23.04).

About Ultra Electronics

Ultra Electronics Holdings plc, an electrical and electronics engineering company, provides various solutions and products in the defense and aerospace, security, transport, and energy markets. The company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.

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Analyst Recommendations for Ultra Electronics (LON:ULE)

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