UL Solutions Issues Warning on Mislabeling of 2,500 Child Life Jackets
Written by Emily J. Thompson, Senior Investment Analyst
Source: Businesswire
Updated: 1 hour ago
0mins
Source: Businesswire
- Labeling Risk: UL Solutions warns that approximately 2,500 Kent Watersports CSF-2 child life jackets were mislabeled, indicating both 50–90 lbs. and under 50 lbs. weight ranges, which could lead to overloading and reduced buoyancy, posing a danger to users.
- Recall Recommendation: The company advises anyone owning these mislabeled life jackets to stop using them immediately and remove them from service, demonstrating UL Solutions' strong commitment to consumer safety and responsibility.
- Certification History: Since certifying its first PFD in 1971, UL Solutions has remained a leader in PFD testing, recognized by the U.S. Coast Guard, ensuring its testing laboratory meets stringent safety standards.
- Global Influence: As a global leader in applied safety science, UL Solutions provides testing, inspection, and certification services in over 110 countries, helping customers innovate and grow in complex markets, further solidifying its trusted position in the industry.
ULS.N$0.0000%Past 6 months

No Data
Analyst Views on ULS
Wall Street analysts forecast ULS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULS is 86.33 USD with a low forecast of 79.00 USD and a high forecast of 96.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast ULS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULS is 86.33 USD with a low forecast of 79.00 USD and a high forecast of 96.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 77.870

Current: 77.870

Neutral
maintain
$69 -> $79
Reason
Goldman Sachs analyst George Tong raised the firm's price target on UL Solutions to $79 from $69 and keeps a Neutral rating on the shares. UL Solutions reported robust Q3 results, with revenue, EBITDA margins and EPS outperforming consensus and the full-year guidance raised, the analyst tells investors in a research note. UL Solutions is delivering resilient and accelerating organic revenue growth across its segments despite an uncertain macro environment, reflecting secular tailwinds and the essential nature of testing, inspection and certification services, the firm adds.
Neutral
maintain
$75 -> $96
Reason
UBS analyst Joshua Chan raised the firm's price target on UL Solutions to $96 from $75 and keeps a Neutral rating on the shares. UL Solutions posted another strong quarter of compounding performance, the analyst tells investors in a research note.
Overweight -> Neutral
downgrade
$70 -> $84
Reason
Overweight -> Neutral
Reason
JPMorgan downgraded UL Solutions to Neutral from Overweight with a price target of $84, up from $70, following the Q3 report. Following the stock's 74% rally year-to-date, the risk/reward is more compelling in other areas of the business services group, the analyst tells investors in a research note. The firm cites valuation for the downgrade.
Neutral
maintain
$70 -> $75
Reason
UBS analyst Joshua Chan raised the firm's price target on UL Solutions to $75 from $70 and keeps a Neutral rating on the shares. Growth reacceleration could be a good narrative for UL Solutions, the analyst tells investors in a research note.
About ULS
UL Solutions Inc. is a global safety science company. The Company provides independent testing, inspection and certification (TIC) services and related software and advisory (S&A) offerings to customers worldwide. Its segments include Industrial, Consumer, and Software and Advisory. Industrial segment provides TIC services to help ensure that its customers' industrial products meet or exceed international standards for product safety, performance, cybersecurity and sustainability. Its services serve end markets such as energy, industrial automation, engineered materials and built environment. Consumer segment provides a variety of global product market acceptance and risk mitigation services for customers in the consumer products end market, including consumer electronics, medical devices, information technologies and appliances. The S&A business offers complementary software and advisory solutions. It also specializes in performance testing of cells, small modules and battery systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.