Xchanging Plc’s “Buy” Rating Reaffirmed at Cantor Fitzgerald Europe (XCH)
Xchanging Plc (LON:XCH)‘s stock had its “buy” rating reaffirmed by research analysts at Cantor Fitzgerald Europe in a report released on Monday, American Banking News reports. They currently have a GBX 200 ($3.35) target price on the stock. Cantor Fitzgerald Europe’s price target indicates a potential upside of 7.67% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Xchanging Plc in a research note on Thursday, February 6th. They now have a GBX 195 ($3.27) price target on the stock. Separately, analysts at Nplus1 Brewin raised their price target on shares of Xchanging Plc from GBX 160 ($2.68) to GBX 195 ($3.27) in a research note on Monday, January 20th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 184.11 ($3.09).
Shares of Xchanging Plc (LON:XCH) opened at 185.25 on Monday. Xchanging Plc has a 1-year low of GBX 121.00 and a 1-year high of GBX 185.50. The stock has a 50-day moving average of GBX 170.7 and a 200-day moving average of GBX 143.4. The company’s market cap is £445.5 million.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.