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

XP Power (LON:XPP)‘s stock had its “hold” rating restated by stock analysts at Jefferies Financial Group in a report issued on Friday,Digital Look reports. They presently have a GBX 1,140 price objective on the stock. Jefferies Financial Group’s price target would suggest a potential downside of 20.83% from the company’s current price.

A number of other equities research analysts also recently weighed in on the stock. Shore Capital Group restated a “buy” rating on shares of XP Power in a research note on Thursday. Berenberg Bank upped their price objective on shares of XP Power from GBX 975 to GBX 1,400 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,529.33.

XP Power Price Performance

XP Power stock traded down GBX 36 during midday trading on Friday, reaching GBX 1,440. The company’s stock had a trading volume of 52,933 shares, compared to its average volume of 68,868. XP Power has a 52 week low of GBX 664 and a 52 week high of GBX 1,560. The company has a current ratio of 1.59, a quick ratio of 0.69 and a debt-to-equity ratio of 74.61. The business has a 50-day moving average price of GBX 1,353.13 and a 200-day moving average price of GBX 1,122.65. The stock has a market cap of £403.66 million, a PE ratio of -34.29, a price-to-earnings-growth ratio of 0.44 and a beta of 1.62.

Insiders Place Their Bets

In other news, insider Charlotta Ginman bought 1,515 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average cost of GBX 1,336 per share, for a total transaction of £20,240.40. Also, insider Jamie Pike bought 7,496 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was purchased at an average price of GBX 1,330 per share, with a total value of £99,696.80. Insiders own 5.12% 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.