UL Solutions (NYSE:ULS) Coverage Initiated at The Goldman Sachs Group

Analysts at The Goldman Sachs Group initiated coverage on shares of UL Solutions (NYSE:ULS) in a research report issued on Tuesday, Marketbeat.com reports. The brokerage set a “neutral” rating and a $39.00 price target on the stock. The Goldman Sachs Group’s target price would indicate a potential upside of 9.06% from the company’s previous close.

A number of other equities analysts also recently issued reports on ULS. JPMorgan Chase & Co. started coverage on UL Solutions in a research report on Tuesday. They set an “overweight” rating and a $39.00 price objective for the company. Bank of America started coverage on UL Solutions in a report on Tuesday. They issued a “buy” rating and a $42.00 target price for the company. Jefferies Financial Group started coverage on UL Solutions in a report on Tuesday. They issued a “buy” rating and a $42.00 target price for the company. Robert W. Baird started coverage on UL Solutions in a report on Tuesday. They issued an “outperform” rating and a $40.00 target price for the company. Finally, UBS Group started coverage on UL Solutions in a report on Tuesday. They issued a “neutral” rating and a $38.00 target price for the company. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $40.30.

UL Solutions Stock Down 0.1 %

Shares of ULS opened at $35.76 on Tuesday. UL Solutions has a 1 year low of $33.15 and a 1 year high of $36.92.

Insider Buying and Selling at UL Solutions

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