FinnCap Reiterates Hold Rating for Xaar plc (XAR)
Xaar plc (LON:XAR)‘s stock had its “hold” rating reaffirmed by analysts at FinnCap in a research report issued to clients and investors on Thursday. They currently have a GBX 600 ($10.27) price objective on the stock. FinnCap’s target price indicates a potential upside of 9.19% from the company’s current price.
XAR has been the subject of a number of other recent research reports. Analysts at Jefferies Group cut their price target on shares of Xaar plc from GBX 1,170 ($20.03) to GBX 800 ($13.70) in a research note on Friday, June 20th. They now have a “buy” rating on the stock. Separately, analysts at Investec downgraded shares of Xaar plc to a “hold” rating in a research note on Wednesday, June 18th. They now have a GBX 560 ($9.59) price target on the stock, down previously from GBX 960 ($16.44). Finally, analysts at Numis Securities Ltd downgraded shares of Xaar plc to a “hold” rating in a research note on Tuesday, June 17th. They now have a GBX 800 ($13.70) price target on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 690 ($11.81).
Xaar plc (LON:XAR) traded up 0.27% during mid-day trading on Thursday, hitting GBX 549.50. 81,380 shares of the company’s stock traded hands. Xaar plc has a one year low of GBX 475.00 and a one year high of GBX 1191.00. The stock’s 50-day moving average is GBX 626.7 and its 200-day moving average is GBX 872.. The company’s market cap is £408.7 million.
Xaar plc (LON:XAR) is a holding company.
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