Xaar plc’s Corporate Rating Reaffirmed at N+1 Singer (XAR)
Shares of Xaar plc (LON:XAR) traded down 21.96% during mid-day trading on Thursday, hitting GBX 437.00. The stock had a trading volume of 3,234,459 shares. Xaar plc has a one year low of GBX 385.00 and a one year high of GBX 1191.00. The stock has a 50-day moving average of GBX 551.3 and a 200-day moving average of 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. Stockholders 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.
A number of other analysts have also recently weighed in on XAR. Analysts at FinnCap reiterated a “hold” rating on shares of Xaar plc in a research note on Thursday. Separately, 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Xaar plc presently has a consensus rating of “Hold” and an average target price of GBX 676.67 ($11.20).
Xaar plc (LON:XAR) is a holding company.
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