Xchanging Plc’s “Buy” Rating Reaffirmed at Espirito Santo Investment Bank Research (XCH)
Xchanging Plc (LON:XCH)‘s stock had its “buy” rating reaffirmed by Espirito Santo Investment Bank Research in a research note issued on Thursday. They currently have a GBX 200 ($3.41) price target on the stock. Espirito Santo Investment Bank Research’s price target would indicate a potential upside of 31.36% from the stock’s previous close.
A number of other analysts have also recently weighed in on XCH. Analysts at Investec reiterated a “buy” rating on shares of Xchanging Plc in a research note on Wednesday, June 25th. They now have a GBX 210 ($3.58) price target on the stock. Separately, analysts at Westhouse Securities upgraded shares of Xchanging Plc to a “buy” rating in a research note on Friday, June 20th. They now have a GBX 214 ($3.65) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Xchanging Plc in a research note on Friday, June 13th. They now have a GBX 195 ($3.32) price target on the stock. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 190.60 ($3.25).
Shares of Xchanging Plc (LON:XCH) opened at 155.50 on Thursday. Xchanging Plc has a 1-year low of GBX 121.00 and a 1-year high of GBX 189.75. The stock’s 50-day moving average is GBX 150.4 and its 200-day moving average is GBX 163.1. The company’s market cap is £376.0 million.
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.