XP Power (XPP) Stock Rating Reaffirmed by Peel Hunt

XP Power (LON:XPP)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a research note issued to investors on Monday, April 9th. They currently have a GBX 4,100 ($58.71) target price on the stock, up from their previous target price of GBX 3,900 ($55.84). Peel Hunt’s price target would suggest a potential upside of 13.89% from the stock’s previous close.

Separately, Citigroup initiated coverage on XP Power in a research note on Monday, March 26th. They issued a “buy” rating and a GBX 3,990 ($57.13) price target for the company.

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XPP stock opened at GBX 3,600 ($51.55) on Monday. XP Power has a 1 year low of GBX 2,037 ($29.17) and a 1 year high of GBX 3,750 ($53.69).

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About XP Power

XP Power Limited, an investment holding company, provides power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies and DC-DC converters, as well as provides high voltage power supplies for original equipment manufacturers, research laboratories, and educational institutions.

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