XP Power (LON:XPP) Stock Keeps 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 research report issued to clients and investors on Wednesday, MarketBeat.com reports. They currently have a GBX 2,330 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 30.98% from the company’s previous close.

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

XP Power Stock Performance

Shares of XPP traded up GBX 24.93 on Wednesday, reaching GBX 1,778.93. 107,954 shares of the company’s stock traded hands, compared to its average volume of 134,448. The stock has a market cap of £498.67 million, a PE ratio of -57.02, a PEG ratio of 0.44 and a beta of 1.80. The stock’s 50 day simple moving average is GBX 1,887.53 and its two-hundred day simple moving average is GBX 1,794.54. XP Power has a 52-week low of GBX 849.23 and a 52-week high of GBX 2,160. The company has a current ratio of 1.48, a quick ratio of 0.69 and a debt-to-equity ratio of 66.55.

Insider Activity at XP Power

In other news, insider Matthew Webb sold 16,312 shares of the company’s stock in a transaction dated 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.