Ultra Electronics’ (ULE) “Top Pick” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their top pick rating on shares of Ultra Electronics (LON:ULE) in a research note issued to investors on Wednesday morning, Digital Look reports. JPMorgan Chase & Co. currently has a GBX 1,820 ($23.78) target price on the stock.

A number of other analysts have also issued reports on the company. Jefferies Financial Group initiated coverage on in a report on Wednesday, May 29th. They issued a buy rating and a $36.00 target price on the stock. Numis Securities reaffirmed a buy rating and issued a GBX 1,750 ($22.87) target price on shares of Aston Martin Lagonda Global in a report on Wednesday, May 8th. Credit Suisse Group set a $180.00 target price on Accenture and gave the company a hold rating in a report on Friday, June 28th. Finally, Peel Hunt reaffirmed a buy rating on shares of Coats Group in a report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Ultra Electronics has an average rating of Hold and a consensus price target of GBX 1,691.89 ($22.11).

ULE opened at GBX 1,772 ($23.15) on Wednesday. The firm has a market cap of $1.26 billion and a price-to-earnings ratio of 40.64. The firm has a 50 day simple moving average of GBX 1,648.58. The company has a debt-to-equity ratio of 60.30, a current ratio of 1.02 and a quick ratio of 0.72. Ultra Electronics has a 12-month low of GBX 1,200 ($15.68) and a 12-month high of GBX 1,758 ($22.97).

Ultra Electronics Company Profile

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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