Ultimate Products (LON:ULTP – Get Free Report)‘s stock had its “house stock” rating reaffirmed by investment analysts at Shore Capital Group in a note issued to investors on Wednesday,London Stock Exchange reports.
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 80 target price on shares of Ultimate Products in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Ultimate Products presently has an average rating of “Buy” and an average target price of GBX 80.
Get Our Latest Stock Report on ULTP
Ultimate Products Stock Down 4.0%
Insider Activity at Ultimate Products
In other Ultimate Products news, insider Chris Dent acquired 23,923 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were bought at an average cost of GBX 52 per share, for a total transaction of £12,439.96. Also, insider Simon Showman sold 165,681 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of GBX 46, for a total transaction of £76,213.26. 43.30% of the stock is owned by insiders.
About Ultimate Products
Ultimate Products is the owner of leading homeware brands including Salter and Beldray. According to its market research, nearly 80% of UK households own at least one of the Group’s products.
The Group sells to over 300 retailers in over 30 countries – spanning discounters, supermarkets and general retailers, and ranging from large national and international multi-channel retailers to smaller retail chains. Its products are also available on salter.com and beldray.com, as well as major third-party online marketplaces.
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