Xing (ETR:O1BC) Sets New 52-Week High at $377.50

Shares of Xing SE (ETR:O1BC) reached a new 52-week high during trading on Wednesday . The company traded as high as €377.50 ($438.95) and last traded at €372.00 ($432.56), with a volume of 6288 shares changing hands. The stock had previously closed at €361.00 ($419.77).

A number of analysts have commented on O1BC shares. Deutsche Bank set a €329.00 ($382.56) price objective on shares of Xing and gave the company a “buy” rating in a research note on Thursday, February 28th. Warburg Research set a €330.00 ($383.72) target price on Xing and gave the company a “neutral” rating in a report on Monday, May 6th. Finally, Berenberg Bank set a €290.00 ($337.21) target price on Xing and gave the company a “neutral” rating in a report on Wednesday, February 27th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of €311.67 ($362.40).

The firm has a market capitalization of $2.07 billion and a P/E ratio of 61.50. The company has a quick ratio of 0.76, a current ratio of 0.82 and a debt-to-equity ratio of 12.14.

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About Xing (ETR:O1BC)

Xing SE operates professional networking Websites primarily in Germany, Austria, Switzerland, and internationally. It operates through four segments: B2C, B2B E-Recruiting, B2B Advertising & Events, and Kununu International. The B2C segment serves XING members who use XING.com, XING Jobs, and kununu.com to network with other professionals for finding a suitable job, obtaining information about employers, or reading about career-related topics.

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