Ultra Electronics Holdings plc (LON:ULE) had its target price upped by Goldman Sachs from GBX 1,833 ($26.11) to GBX 2,046 ($29.15) in a research note released on Tuesday morning, Analyst Ratings.Net reports. Goldman Sachs currently has a neutral rating on the stock.

A number of other research firms also recently weighed in on ULE. Liberum Capital downgraded shares of Ultra Electronics Holdings plc to a hold rating and increased their target price for the company from GBX 1,900 ($27.07) to GBX 1,950 ($27.78) in a research report on Thursday, November 26th. Investec reaffirmed a buy rating and issued a GBX 2,060 ($29.35) price objective on shares of Ultra Electronics Holdings plc in a report on Thursday, January 7th. Barclays raised their price objective on shares of Ultra Electronics Holdings plc from GBX 1,790 ($25.50) to GBX 1,910 ($27.21) and gave the stock an equal weight rating in a report on Tuesday, January 5th. JPMorgan Chase & Co. raised their price objective on shares of Ultra Electronics Holdings plc from GBX 2,000 ($28.49) to GBX 2,210 ($31.49) and gave the stock an overweight rating in a report on Monday, January 11th. Finally, Berenberg Bank raised shares of Ultra Electronics Holdings plc to a buy rating and raised their price objective for the stock from GBX 1,900 ($27.07) to GBX 2,100 ($29.92) in a report on Wednesday, January 20th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Ultra Electronics Holdings plc has an average rating of Buy and an average target price of GBX 2,010.60 ($28.65).

Ultra Electronics Holdings plc (LON:ULE) opened at 1906.0000 on Tuesday. The stock’s 50 day moving average is GBX 1,925.55 and its 200 day moving average is GBX 1,811.50. The company’s market cap is GBX 1.33 billion. Ultra Electronics Holdings plc has a 1-year low of GBX 1,627.00 and a 1-year high of GBX 2,044.00.

Ultra Electronics Holdings plc manages a portfolio of 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: Aircraft & Vehicle Systems, Information & Power Systems and Tactical & Sonar Systems. The Aircraft & Vehicle Systems segment offerings include wing and engine ice protection, power distribution and control equipment, noise and vibration cancellation systems, human-machine interfaces and systems and small power sources, among others. The Information & Power Systems segment supplies command and control systems, surveillance systems, perimeter security solutions, crisis response planning and management software, and secure networks, among others. The Tactical & Sonar Systems segment supplies advanced cyber security solutions, high-capacity communication systems, satellite communication equipment and tactical surveillance equipment, among others.

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