UL Solutions Inc. Class A (ULS) Gets a Buy from Stifel Nicolaus

In a report released today, Shlomo Rosenbaum from Stifel Nicolaus maintained a Buy rating on UL Solutions Inc. Class A (ULS – Research Report), with a price target of $40.00. The company’s shares closed yesterday at $38.00.

According to TipRanks, Rosenbaum is a 4-star analyst with an average return of 5.3% and a 57.50% success rate. Rosenbaum covers the Industrials sector, focusing on stocks such as Equifax, First Advantage, and Vestis Corporation.

UL Solutions Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $41.10, an 8.16% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $41.00 price target.

ULS market cap is currently $7.6B and has a P/E ratio of 29.12.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ULS in relation to earlier this year. Last month, ULSE Inc., a Major Shareholder at ULS sold 38,870,000.00 shares for a total of $1,088,360,000.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

UL Solutions Inc. Class A (ULS) Company Description:

UL Solutions transforms safety, security, and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers¿ product innovation and business growth.