Ultra Electronic - Accendo Markets

Getting latest data

Home / Upgrades / Downgrades / Ultra Electronic

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Ultra Electronic

Does this Upgrade present an opportunity for you?

Is it irrelevant, or will the Upgrade make the Ultra Electronic share price more attractive?

JP Morgan upgrades to Overweight, with an 1820p target.
Consensus summary: 4 Buys, 3 Holds, 2 Sell; Average target: 1588p (Source: Bloomberg).
Current share price 1583p (at time of writing).
Shares currently trade 2019 highs; +31.9% from 2019 lows; +21.7% year-to date
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Ultra Electronic – An Example

Let’s say you think that Ultra Electronic shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Ultra Electronic using a CFD, at the current price of 1583p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Ultra Electronic share price rises to 1663p (+5%). Your profit would be £500 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Ultra Electronic shares fall 3% and hit your stop-loss. Your loss would be £300

This is provided for information purposes only. It should not be taken as a recommendation.

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

About Us

Accendo Markets is an award-winning provider of CFD and spread betting trading services. We provide an execution-only service.

Get in Touch

Quick Links

Telephone calls and online chat conversations may be monitored and recorded for regulatory and training purposes.

* We provide these as underlying assets to CFDs and Spreadbets.

To view our policies and terms, please click here

This website is not intended for or directed at residents of the United States or any country outside the UK. It is not intended for use by or distribution to any person in any jurisdiction or country where its use or distribution would contravene any regulation or local law.
Prices on this page are delayed.

Like many websites, we use cookies for statistical purposes and to acquire information on general internet use. This helps ensure that you get the full benefit of our services, and enhances your browsing experience . For more details on the cookies we use, view our privacy policy under the heading 'How We Use Cookies'. By using this website, we'll assume that you're happy to receive all cookies from Accendo Markets.
Removing cookies may impede the operation of some parts of this website. For general information about cookies and how to remove them, please click here

Accendo Markets Ltd - Highstone House, 165 High Street, Barnet EN5 5SU (UK) Telephone: 020 3051 7461 - Accendo Markets Ltd. is Authorised and Regulated by the Financial Conduct Authority (FCA) No. 475285. Accendo Markets Ltd. Registered in England and Wales No. 6417051. © Copyright Accendo Markets Ltd 2015. All rights reserved.

.