XP Power’s (XPP) Buy Rating Reiterated 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, London Stock Exchange reports. They currently have a GBX 2,330 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 31.64% from the stock’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,400 price target on shares of XP Power in a report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,044.50.

XP Power Stock Up 0.9%

XPP opened at GBX 1,770 on Wednesday. XP Power has a one year low of GBX 849.23 and a one year high of GBX 2,160. The company has a fifty day moving average price of GBX 1,887.53 and a 200-day moving average price of GBX 1,794.54. The company has a debt-to-equity ratio of 66.55, a current ratio of 1.48 and a quick ratio of 0.69. The firm has a market capitalization of £496.17 million, a P/E ratio of -56.73, a price-to-earnings-growth ratio of 0.44 and a beta of 1.80.

Insider Activity at XP Power

In related news, insider Matthew Webb sold 16,312 shares of the firm’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. 5.16% of the stock is currently owned by corporate insiders.

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.