Xeros Technology Group’s (XSG) “Buy” Rating Reiterated at Berenberg Bank

Xeros Technology Group (LON:XSG)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report issued on Wednesday. They presently have a GBX 355 ($4.90) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 86.84% from the company’s previous close.

Shares of Xeros Technology Group (LON XSG) remained flat at $GBX 190 ($2.63) during midday trading on Wednesday. The company’s stock had a trading volume of 3,851 shares, compared to its average volume of 12,226. The stock has a market capitalization of $186.46 and a price-to-earnings ratio of -703.70. Xeros Technology Group has a 52 week low of GBX 184.40 ($2.55) and a 52 week high of GBX 330 ($4.56).

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Xeros Technology Group Company Profile

Xeros Technology Group plc is engaged in the development and commercialization of polymer bead systems with multiple potential commercial applications. The Company’s services include Xeros Sbeadycare and Xeros Sbeadycare XTEND. Its Xeros Sbeadycare is a customized laundry management program that provides a solution across multiple laundry applications, including industrial, hospitality, commercial, dry cleaners, work wear, and even athletics clubs and spas.

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