Xchanging Plc’s “Buy” Rating Reaffirmed at Liberum Capital (XCH)
Xchanging Plc (LON:XCH)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Friday. They currently have a GBX 195 ($3.28) price objective on the stock. Liberum Capital’s price target would suggest a potential upside of 28.50% from the company’s current price.
Xchanging Plc (LON:XCH) traded down 0.16% on Friday, hitting GBX 151.50. The stock had a trading volume of 55,959 shares. Xchanging Plc has a 52-week low of GBX 121.00 and a 52-week high of GBX 189.75. The stock has a 50-day moving average of GBX 153. and a 200-day moving average of GBX 163.1. The company’s market cap is £366.4 million.
A number of other firms have also recently commented on XCH. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Xchanging Plc in a research note on Tuesday, May 13th. They now have a GBX 190 ($3.19) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Xchanging Plc in a research note on Tuesday, May 13th. They now have a GBX 185 ($3.11) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Xchanging Plc in a research note on Tuesday, May 13th. They now have a GBX 200 ($3.36) price target on the stock. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 188 ($3.16).
Xchanging plc is a holding company. The Company operates in five segments: Insurance Services, provides technology infrastructure and managed services to the insurance market; Financial Services, provides banking, securities processing and investment account administration and fund administration in Germany and Italy; Technology, provides technology infrastructure and managed services insurance software and application management services to a range of customers; Procurement and Other BPO, provides procurement, HR, finance and accounting and other business processing services, and Corporate, provides the infrastructure, resources and investment to sustain and grow the Group, including performance management, and business management functions.
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.