Xaar plc (LON:XAR) Rating Reiterated by Peel Hunt
Xaar plc (LON:XAR)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a note issued to investors on Friday. They presently have a GBX 470 ($6.09) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 19.59% from the company’s previous close.
Separately, N+1 Singer reissued a “corporate” rating on shares of Xaar plc in a report on Thursday, March 9th.
Xaar plc (XAR) opened at 393.00 on Friday. The stock’s 50 day moving average price is GBX 361.53 and its 200 day moving average price is GBX 376.42. Xaar plc has a 52 week low of GBX 325.00 and a 52 week high of GBX 525.50. The firm’s market cap is GBX 300.12 million.
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In other news, insider Lily Liu acquired 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 10th. The shares were bought at an average price of GBX 368 ($4.77) per share, with a total value of £14,720 ($19,067.36). Also, insider Doug Edwards acquired 486 shares of the business’s stock in a transaction that occurred on Thursday, April 13th. The shares were purchased at an average cost of GBX 370 ($4.79) per share, for a total transaction of £1,798.20 ($2,329.27).
About Xaar plc
Xaar plc is engaged in the development of digital inkjet technology and manufacture of piezoelectric drop-on-demand industrial inkjet printheads. The Company’s segments are product sales, commissions and fees, and royalties. It offers a range of industrial inkjet printheads and printhead systems, which are designed and produced to meet the customer-driven requirements of a range of manufacturing applications.
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