Ultimate Products (LON:ULTP - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Canaccord Genuity Group in a note issued to investors on Tuesday, MarketBeat.com reports. They currently have a GBX 130 ($1.68) target price on the stock. Canaccord Genuity Group's price objective would indicate a potential upside of 82.46% from the company's previous close.
Ultimate Products Price Performance
ULTP stock traded down GBX 0.75 ($0.01) during midday trading on Tuesday, reaching GBX 71.25 ($0.92). 81,413 shares of the company's stock traded hands, compared to its average volume of 164,729. Ultimate Products has a fifty-two week low of GBX 70.20 ($0.91) and a fifty-two week high of GBX 185.50 ($2.40). The business has a 50-day moving average price of GBX 86.37 and a two-hundred day moving average price of GBX 112.78. The company has a market capitalization of £60.46 million, a P/E ratio of 5.85 and a beta of 1.39.
Ultimate Products (LON:ULTP - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 4.30 ($0.06) EPS for the quarter. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%. As a group, research analysts forecast that Ultimate Products will post 14.53125 earnings per share for the current fiscal year.
About Ultimate Products
(
Get Free Report)
Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group's products.
Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.
Featured Stories
Before you consider Ultimate Products, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ultimate Products wasn't on the list.
While Ultimate Products currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
