Peel Hunt reiterated their add rating on shares of Ultra Electronics (LON:ULE) in a research note released on Monday, Stock Target Advisor reports.

Other analysts also recently issued research reports about the stock. Jefferies Financial Group increased their target price on shares of Ultra Electronics from GBX 1,775 ($23.35) to GBX 2,000 ($26.31) and gave the company a hold rating in a report on Tuesday, October 29th. JPMorgan Chase & Co. dropped their price target on shares of Ultra Electronics from GBX 2,300 ($30.26) to GBX 2,200 ($28.94) and set a neutral rating on the stock in a research report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 2,017.75 ($26.54).

Shares of LON:ULE opened at GBX 2,252 ($29.62) on Monday. The company has a current ratio of 1.48, a quick ratio of 1.05 and a debt-to-equity ratio of 70.99. The stock has a market cap of $1.60 billion and a PE ratio of 33.76. The stock’s fifty day simple moving average is GBX 2,128.12 and its two-hundred day simple moving average is GBX 2,014.93. Ultra Electronics has a 1-year low of GBX 1,200 ($15.79) and a 1-year high of GBX 2,294 ($30.18).

In other Ultra Electronics news, insider Daniel Shook purchased 2,500 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of GBX 2,009 ($26.43) per share, for a total transaction of £50,225 ($66,068.14).

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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