XP Power Limited (LON:XPP – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,075.35 and last traded at GBX 2,075.35, with a volume of 212452 shares. The stock had previously closed at GBX 1,960.
Wall Street Analyst Weigh In
Several brokerages have commented on XPP. Jefferies Financial Group upgraded XP Power to a “buy” rating and set a GBX 2,330 price target on the stock in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,400 price objective on shares of XP Power in a research note on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 1,974.50.
Get Our Latest Analysis on XPP
XP Power Stock Down 1.3%
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.
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