Strong defence demand boosts Ultra Electronics first half
19th Jul 2021 07:18
(Sharecast News) - Strong demand from defence markets helped Ultra Electronics deliver better-than-expected first-half profits on Monday as it lifted its dividend by 5%.
Read moreUltra Electronics sees H1 ahead of expectations
5th Jul 2021 07:28
(Sharecast News) - UK defence contractor Ultra Electronics said underlying first-half trading had been ahead of expectations.
Read moreUltra Electronics terminates talks with Cobham
28th Jun 2021 07:58
(Sharecast News) - Aerospace and defence group Ultra Electronics was under the cosh on Monday after saying at the end of the last week that it had terminated "very early stages" of exploratory talks with Cobham about a possible combination of some of their units.
Read moreUltra Electronics surges on report it could be a takeover target
17th Jun 2021 15:29
(Sharecast News) - Ultra Electronics surged on Thursday following a report the engineering and defence company could be a takeover target.
Read moreUltra Electronics reports strong orders in 2021
12th May 2021 08:49
(Sharecast News) - Ultra Electronics said orders were strong so far in 2021 and significantly better than a year earlier.
Read moreGlobal military spending up 2.6% in 2020 despite pandemic
26th Apr 2021 10:27
(Sharecast News) - Global military expenditure rose by 2.6% to $1.98trn last year despite some defence funds being reallocated to fight the Covid-19 pandemic, the Stockholm International Peace Research Institute said in a report issued on Monday.
Read moreThursday broker round-up
15th Apr 2021 12:52
(Sharecast News) - Naked Wines: Liberum downgrades to hold with a target price of 800p.
Read moreUltra Electronics and QinetiQ rated 'neutral' by Citi
15th Apr 2021 09:50
(Sharecast News) - Citi gave shares of Ultra Electronics and QinetiQ 'neutral' ratings as the bank started coverage of the defence engineers.
Read moreTuesday broker round-up
23rd Mar 2021 13:12
(Sharecast News) - Fevertree: Barclays upgrades to buy with a target price of 2,500p.
Read moreBarclays stays at 'equalweight' on Ultra Electronics, says backlog growth already priced in
16th Mar 2021 11:31
(Sharecast News) - Analysts at Barclays stuck to their 'equalweight' recommendation for shares of Ultra Electronics, despite what they termed the defence specialist's "solid" full-year performance across 2020.
Read moreWednesday broker round-up
10th Mar 2021 13:21
(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.
Read moreUltra Electronics full year underpinned by contract wins
9th Mar 2021 08:02
(Sharecast News) - Defence contractor Ultra Electronics reported a jump in full-year profit and revenue on Tuesday as it won a number of new contracts.
Read moreIran warns of retaliation if Trump goes ahead with strike
17th Nov 2020 11:48
(Sharecast News) - The Iranian government warned the US against launching a military strike following reports that President Donald Trump asked for the available options last week to attacking Iran's main nuclear site.
Read moreFriday broker round-up
13th Nov 2020 13:50
(Sharecast News) - HSS Hire Group: Liberum upgrades to hold with a target price of 20p.
Read moreTuesday broker round-up
10th Nov 2020 13:17
(Sharecast News) - On the Beach: Citigroup downgrades to neutral with a target price of 370p.
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