Xaar (LON:XAR) Earns Buy Rating from Berenberg Bank

Xaar (LON:XAR)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued on Tuesday, MarketBeat.com reports. They currently have a GBX 140 price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 33.44% from the stock’s current price.

Xaar Stock Down 0.1%

XAR opened at GBX 104.91 on Tuesday. The company has a market cap of £82.77 million, a price-to-earnings ratio of -7.44, a PEG ratio of 3.73 and a beta of 0.81. The company has a debt-to-equity ratio of 9.54, a quick ratio of 1.31 and a current ratio of 2.55. The business’s fifty day moving average is GBX 111.88 and its two-hundred day moving average is GBX 116.63. Xaar has a one year low of GBX 63.20 and a one year high of GBX 148.

Xaar (LON:XAR) last released its quarterly earnings results on Tuesday, March 24th. The company reported GBX 1.10 earnings per share for the quarter. Xaar had a negative net margin of 5.65% and a negative return on equity of 5.90%. Analysts anticipate that Xaar will post 4.968795 EPS for the current fiscal year.

About Xaar

Xaar plc designs, develops, manufactures, markets, and sells printheads and associated products in Europe, the Middle East, Africa, Asia, and the Americas. It operates through four segments: Printhead, Product Print Systems, Digital Imaging, and Ink Supply Systems segments. The company offers print head products; digital imaging solutions, comprising digital inkjet label presses and digital pathology scanners; industrial ink management and supply systems for digital inkjet; electronic products; industrial printing machines; and system components, such as ink system test kit, print manager, hydra ink supply system, midas ink supply system, inkjet development system, head personality card 1000, and 2001+ head personality card.