Xaar Plc’s “Buy” Rating Reaffirmed at FinnCap (XAR)
Xaar Plc (LON:XAR)‘s stock had its “buy” rating restated by analysts at FinnCap in a research report issued to clients and investors on Thursday, AR Network reports. They currently have a GBX 900 ($14.37) price objective on the stock. FinnCap’s price objective would indicate a potential upside of 13.35% from the stock’s previous close.
Shares of Xaar Plc (LON:XAR) traded down 0.06% on Thursday, hitting GBX 794.00. 71,994 shares of the company’s stock traded hands. Xaar Plc has a 52 week low of GBX 247.00 and a 52 week high of GBX 905.00. The stock has a 50-day moving average of GBX 792.1 and a 200-day moving average of GBX 723.. The company’s market cap is £582.7 million.
XAR has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “corporate” rating on shares of Xaar Plc in a research note to investors on Thursday, September 26th. Separately, analysts at Investec cut their price target on shares of Xaar Plc from GBX 920 ($14.69) to GBX 860 ($13.73) in a research note to investors on Wednesday, September 18th. They now have an “add” rating on the stock.
Xaar plc (LON:XAR) is an independent supplier of industrial inkjet printheads.
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