Ultimate Products (LON:ULTP – Get Free Report)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a report issued on Wednesday, Marketbeat Ratings reports. They presently have a GBX 182 ($2.32) price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 32.36% from the stock’s current price.
Separately, Shore Capital reiterated a “house stock” rating on shares of Ultimate Products in a research report on Wednesday.
View Our Latest Stock Analysis on Ultimate Products
Ultimate Products Trading Down 0.2 %
Insider Activity at Ultimate Products
In related news, insider Simon Showman sold 45,720 shares of the stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of GBX 137 ($1.75), for a total value of £62,636.40 ($79,974.97). 56.93% of the stock is owned by insiders.
Ultimate Products Company Profile
Ultimate Products Plc, together with its subsidiaries, supplies branded homeware products in the United Kingdom, Germany, Rest of Europe, and internationally. The company offers a range of durable household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray Brand; cookware, kitchen electrical, and scale products under the Salter brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brands.
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