XP Power (LON:XPP – Get Free Report) had its price target increased by analysts at Berenberg Bank from GBX 2,120 to GBX 2,400 in a research note issued on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 35.59% from the company’s previous close.
XPP has been the topic of several other research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,330 price objective on shares of XP Power in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,400 price target on shares of XP Power in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,044.50.
Check Out Our Latest Analysis on XP Power
XP Power Stock Up 0.9%
Shares of XP Power stock opened at GBX 1,770 on Wednesday. XP Power has a 1 year low of GBX 849.23 and a 1 year high of GBX 2,160. The business has a 50-day moving average of GBX 1,887.53 and a two-hundred day moving average of GBX 1,794.54. The company has a market capitalization of £496.17 million, a P/E ratio of -56.73, a price-to-earnings-growth ratio of 0.44 and a beta of 1.80. The company has a debt-to-equity ratio of 66.55, a current ratio of 1.48 and a quick ratio of 0.69.
Insider Activity
In other news, insider Matthew Webb sold 16,312 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of GBX 2,023, for a total value of £329,991.76. 5.16% of the stock is owned by corporate insiders.
About XP Power
XP Power Limited, an investment holding company, designs, manufactures, and sells power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage AC-DC power supplies, high voltage DC-DC converters, RF power systems, EMI filters, custom power supplies, and 3 phase power supplies. It also provides engineering services. The company serves healthcare, industrial technology, and semiconductor equipment manufacturing industries. XP Power Limited was founded in 1988 and is based in Singapore.
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