UL Solutions (NYSE:ULS) Receives New Coverage from Analysts at Raymond James

Raymond James started coverage on shares of UL Solutions (NYSE:ULS) in a research report report published on Tuesday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $42.00 target price on the stock.

Other equities analysts have also issued research reports about the stock. Robert W. Baird started coverage on shares of UL Solutions in a report on Tuesday. They issued an outperform rating and a $40.00 price target for the company. Jefferies Financial Group started coverage on shares of UL Solutions in a report on Tuesday. They issued a buy rating and a $42.00 price target for the company. Stifel Nicolaus started coverage on shares of UL Solutions in a report on Tuesday. They issued a buy rating and a $40.00 price target for the company. JPMorgan Chase & Co. started coverage on shares of UL Solutions in a report on Tuesday. They issued an overweight rating and a $39.00 price target for the company. Finally, Wells Fargo & Company assumed coverage on shares of UL Solutions in a report on Tuesday. They issued an overweight rating and a $40.00 price target for the company. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $40.30.

UL Solutions Stock Performance

Shares of ULS stock opened at $35.80 on Tuesday. UL Solutions has a 12-month low of $33.15 and a 12-month high of $36.92.

Insider Activity

In other news, CAO Karen K. Pepping bought 3,571 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were bought at an average cost of $28.00 per share, with a total value of $99,988.00. Following the acquisition, the chief accounting officer now owns 3,571 shares in the company, valued at $99,988. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Weifang Zhou purchased 26,786 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The stock was bought at an average price of $28.00 per share, with a total value of $750,008.00. Following the completion of the purchase, the insider now owns 26,786 shares in the company, valued at approximately $750,008. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Karen K. Pepping acquired 3,571 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average cost of $28.00 per share, for a total transaction of $99,988.00. Following the completion of the purchase, the chief accounting officer now owns 3,571 shares of the company’s stock, valued at $99,988. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 199,997 shares of company stock valued at $5,599,916.

About UL Solutions

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.