Xaar plc (LON:XAR)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a note issued to investors on Wednesday. They currently have a GBX 570 ($7.44) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 12.87% from the company’s previous close.

A number of other analysts have also recently weighed in on XAR. FinnCap reissued a “hold” rating on shares of Xaar plc in a research note on Wednesday, June 1st. Jefferies Group reissued a “buy” rating and issued a GBX 580 ($7.57) target price on shares of Xaar plc in a research note on Friday, June 10th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 538 ($7.02).

Analyst Recommendations for Xaar plc (LON:XAR)

Shares of Xaar plc (LON:XAR) traded down 0.223% during midday trading on Wednesday, reaching GBX 503.875. The company had a trading volume of 4,322 shares. The company’s market capitalization is GBX 383.98 million. The firm’s 50 day moving average price is GBX 501.36 and its 200-day moving average price is GBX 478.52. Xaar plc has a 12 month low of GBX 375.00 and a 12 month high of GBX 566.50.

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The company also recently disclosed a dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 1st will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, September 1st. This represents a yield of 0.66%.

About Xaar plc

Xaar PLC is a developer of digital inkjet technology and a manufacturer of piezoelectric drop-on-demand industrial inkjet print heads. The Company has two segments: product sales, commissions and fees, and royalties. Its technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding as well as printing with functional fluids for manufacturing techniques.

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