SP Angel Reaffirms “Buy” Rating for XP Power (XPP)
XP Power (LON:XPP)‘s stock had its “buy” rating reaffirmed by stock analysts at SP Angel in a report issued on Thursday. They currently have a GBX 1,900 ($31.53) target price on the stock. SP Angel’s target price suggests a potential upside of 21.25% from the stock’s previous close.
XP Power (LON:XPP) traded down 1.40% during mid-day trading on Thursday, hitting GBX 1545.00. 5,063 shares of the company’s stock traded hands. XP Power has a 1-year low of GBX 1300.00 and a 1-year high of GBX 1785.00. The stock’s 50-day moving average is GBX 1533. and its 200-day moving average is GBX 1586.. The company’s market cap is £293.5 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of XP Power in a research note on Monday, July 28th. They now have a GBX 1,750 ($29.04) price target on the stock.
XP Power Limited is an investment holding company. The Company is a developer and manufacturer of power supply solutions for the electronics industry.
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