Jefferies Group Initiates Coverage on Xaar Plc (XAR)
Equities researchers at Jefferies Group initiated coverage on shares of Xaar Plc (LON:XAR) in a research report issued on Monday, AnalystRatings.Net reports. The firm set a “buy” rating and a GBX 1,265 ($20.85) price target on the stock. Jefferies Group’s price target would indicate a potential upside of 21.63% from the company’s current price.
A number of other analysts have also recently weighed in on XAR. Analysts at Numis Securities Ltd initiated coverage on shares of Xaar Plc in a research note to investors on Monday, December 9th. They set an “add” rating and a GBX 1,200 ($19.78) price target on the stock. Analysts at N+1 Singer reiterated a “corporate” rating on shares of Xaar Plc in a research note to investors on Thursday, November 28th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,215 ($20.02).
Shares of Xaar Plc (LON:XAR) opened at 1033.5699 on Monday. Xaar Plc has a one year low of GBX 278.00 and a one year high of GBX 1191.00. The stock has a 50-day moving average of GBX 1090. and a 200-day moving average of GBX 899.7. The company’s market cap is £758.5 million.
Xaar plc (LON:XAR) is an independent supplier of industrial inkjet printheads.
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