Xchanging Plc Receives Buy Rating from Liberum Capital (XCH)
Xchanging Plc (LON:XCH)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a GBX 195 ($3.20) price target on the stock. Liberum Capital’s target price would suggest a potential upside of 7.14% from the company’s current price.
Shares of Xchanging Plc (LON:XCH) traded up 1.11% during mid-day trading on Thursday, hitting GBX 182.00. 129,035 shares of the company’s stock traded hands. Xchanging Plc has a 1-year low of GBX 117.00 and a 1-year high of GBX 180.75. The stock’s 50-day moving average is GBX 166.2 and its 200-day moving average is GBX 141.1. The company’s market cap is £437.7 million.
XCH has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin raised their price target on shares of Xchanging Plc from GBX 160 ($2.63) to GBX 195 ($3.20) in a research note to investors on Monday, January 20th. They now have a “buy” rating on the stock. Separately, analysts at Cantor Fitzgerald Europe raised their price target on shares of Xchanging Plc from GBX 160 ($2.63) to GBX 200 ($3.29) in a research note to investors on Monday, January 20th. They now have a “buy” rating on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Xchanging Plc in a research note to investors on Tuesday, January 7th. They now have a GBX 180 ($2.96) price target on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 184.11 ($3.03).
Xchanging plc is a holding company. The Company, along with its subsidiaries, provides a range of business processing services, primarily to the financial services and insurance industries, as well as procurement, and technology services across industries.
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