Xchanging Plc Receives Consensus Recommendation of “Buy” from Brokerages (LON:XCH)
Xchanging Plc (LON:XCH) has received an average rating of “Buy” from the nine analysts that are presently covering the company, Analyst Ratings News reports. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 199.89 ($3.39).
Xchanging Plc (LON:XCH) opened at 167.50 on Wednesday. Xchanging Plc has a 52 week low of GBX 120.875 and a 52 week high of GBX 189.75. The stock’s 50-day moving average is GBX 163.8 and its 200-day moving average is GBX 165.2. The company’s market cap is £405.8 million.
XCH has been the subject of a number of recent research reports. Analysts at Investec reiterated a “buy” rating on shares of Xchanging Plc in a research note on Thursday. They now have a GBX 255 ($4.33) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Xchanging Plc in a research note on Thursday. They now have a GBX 200 ($3.40) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Xchanging Plc in a research note on Monday, July 21st. They now have a GBX 220 ($3.74) price target on the stock.
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.