UL Solutions (NYSE:ULS) PT Raised to $41.00 at Robert W. Baird

UL Solutions (NYSE:ULSGet Free Report) had its target price hoisted by research analysts at Robert W. Baird from $40.00 to $41.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price would suggest a potential upside of 0.94% from the company’s previous close.

A number of other research firms also recently issued reports on ULS. Jefferies Financial Group initiated coverage on UL Solutions in a research note on Tuesday, May 7th. They set a “buy” rating and a $42.00 price target for the company. Raymond James began coverage on UL Solutions in a research note on Tuesday, May 7th. They set an “outperform” rating and a $42.00 price target for the company. Stifel Nicolaus began coverage on UL Solutions in a research note on Tuesday, May 7th. They set a “buy” rating and a $40.00 price objective for the company. Citigroup began coverage on UL Solutions in a research note on Tuesday, May 7th. They set a “buy” rating and a $41.00 price objective for the company. Finally, Bank of America began coverage on UL Solutions in a research note on Tuesday, May 7th. They set a “buy” rating and a $42.00 price objective for the company. Two analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.80.

Read Our Latest Stock Analysis on ULS

UL Solutions Stock Up 1.4 %

UL Solutions stock opened at $40.62 on Tuesday. UL Solutions has a 52-week low of $33.15 and a 52-week high of $41.22.

Insider Transactions at UL Solutions

In other news, EVP Linda S. Chapin acquired 1,785 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average cost of $28.00 per share, with a total value of $49,980.00. Following the acquisition, the executive vice president now directly owns 1,785 shares of the company’s stock, valued at $49,980. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Linda S. Chapin purchased 1,785 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of $28.00 per share, for a total transaction of $49,980.00. Following the acquisition, the executive vice president now owns 1,785 shares of the company’s stock, valued at approximately $49,980. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James M. Shannon purchased 7,142 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of $28.00 per share, for a total transaction of $199,976.00. Following the acquisition, the director now directly owns 7,142 shares in the company, valued at approximately $199,976. The disclosure for this purchase can be found here. Insiders have bought 199,997 shares of company stock valued at $5,599,916 in the last ninety days.

About UL Solutions

(Get Free Report)

UL Solutions Inc provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators.

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