Xaar plc Stock Rating Reaffirmed by FinnCap (XAR)
Xaar plc (LON:XAR) traded down 21.96% during mid-day trading on Thursday, hitting GBX 437.00. 3,234,459 shares of the company’s stock traded hands. Xaar plc has a one year low of GBX 385.00 and a one year high of GBX 1191.00. The stock’s 50-day moving average is GBX 551.3 and its 200-day moving average is GBX 762.7. The company’s market cap is £325.0 million.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Shareholders of record on Wednesday, September 3rd will be paid a dividend of GBX 3 ($0.05) per share. This represents a dividend yield of 0.68%. The ex-dividend date is Wednesday, September 3rd.
XAR has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Xaar plc in a research note on Tuesday, July 22nd. They now have a GBX 800 ($13.24) price target on the stock. Separately, analysts at N+1 Singer reiterated a “corporate” rating on shares of Xaar plc in a research note on Thursday, July 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Xaar plc currently has an average rating of “Hold” and a consensus target price of GBX 676.67 ($11.20).
Xaar plc (LON:XAR) is a holding company.
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