Jefferies Financial Group Reaffirms Buy Rating for XP Power (LON:XPP)

XP Power (LON:XPP)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a note issued to investors on Wednesday, London Stock Exchange reports. They presently have a GBX 2,330 price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 33.14% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,400 price objective on shares of XP Power in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,974.50.

XP Power Price Performance

XP Power stock opened at GBX 1,750 on Wednesday. The company’s 50 day simple moving average is GBX 1,887.53 and its 200-day simple moving average is GBX 1,794.54. The company has a market capitalization of £490.56 million, a price-to-earnings ratio of -56.09, a price-to-earnings-growth ratio of 0.44 and a beta of 1.80. XP Power has a 1 year low of GBX 849.23 and a 1 year high of GBX 2,160. The company has a debt-to-equity ratio of 66.55, a quick ratio of 0.69 and a current ratio of 1.48.

Insider Activity

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

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.