XP Power (LON:XPP) Given Buy Rating at Jefferies Financial Group

XP Power (LON:XPP)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a report released on Wednesday, Marketbeat.com reports. They presently have a GBX 2,330 target price on the stock. Jefferies Financial Group‘s price target suggests a potential upside of 32.69% from the stock’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,400 price target on shares of XP Power in a research report on Wednesday, August 5th. Three 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, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,044.50.

XP Power Stock Up 3.4%

Shares of XPP stock traded up GBX 58 during mid-day trading on Wednesday, reaching GBX 1,756. 23,162 shares of the company’s stock traded hands, compared to its average volume of 140,208. The company’s 50-day moving average price is GBX 1,883.47 and its 200-day moving average price is GBX 1,629.56. The company has a market cap of £492.24 million, a P/E ratio of -56.28, a P/E/G ratio of 0.44 and a beta of 1.80. The company has a quick ratio of 0.69, a current ratio of 1.48 and a debt-to-equity ratio of 66.55. XP Power has a 12 month low of GBX 849.23 and a 12 month high of GBX 2,160.

Insider Transactions at XP Power

In other news, insider Matthew Webb sold 16,312 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of GBX 2,023, for a total value of £329,991.76. Company insiders own 5.16% of the company’s stock.

XP Power Company Profile

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.