Ultimate Products (LON:ULTP – Get Free Report)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital Group in a research note issued on Monday,London Stock Exchange reports.
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 80 target price on shares of Ultimate Products in a research report on Tuesday, March 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Ultimate Products has a consensus rating of “Buy” and a consensus target price of GBX 80.
Get Our Latest Stock Analysis on ULTP
Ultimate Products Price Performance
Ultimate Products (LON:ULTP – Get Free Report) last issued its earnings results on Tuesday, March 24th. The company reported GBX 2.70 earnings per share for the quarter. Ultimate Products had a net margin of 2.69% and a return on equity of 8.41%. On average, analysts forecast that Ultimate Products will post 14.53125 earnings per share for the current fiscal year.
Insider Transactions at Ultimate Products
In other news, insider Chris Dent bought 16,677 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were acquired at an average cost of GBX 53 per share, for a total transaction of £8,838.81. Insiders own 43.27% of the company’s stock.
Ultimate Products Company Profile
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.
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