XP Power (LON:XPP) Given “Buy” Rating at Jefferies Financial Group

XP Power (LON:XPP)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a report issued on Wednesday, MarketBeat reports. They presently have a GBX 2,330 target price on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 30.98% from the stock’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,400 price objective on shares of XP Power in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,044.50.

XP Power Price Performance

Shares of LON:XPP traded up GBX 24.93 during trading on Wednesday, hitting GBX 1,778.93. 147,954 shares of the stock were exchanged, compared to its average volume of 134,645. The company has a market cap of £498.67 million, a PE ratio of -57.02, a P/E/G ratio of 0.44 and a beta of 1.80. The company has a current ratio of 1.48, a quick ratio of 0.69 and a debt-to-equity ratio of 66.55. The company has a fifty day moving average price of GBX 1,887.53 and a two-hundred day moving average price of GBX 1,794.54. XP Power has a 12-month low of GBX 849.23 and a 12-month high of GBX 2,160.

Insider Transactions at XP Power

In other XP Power news, insider Matthew Webb sold 16,312 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of GBX 2,023, for a total value of £329,991.76. Insiders own 5.16% of the company’s stock.

About XP Power

XP Power Limited, an investment holding company, designs, manufactures, and sells power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage AC-DC power supplies, high voltage DC-DC converters, RF power systems, EMI filters, custom power supplies, and 3 phase power supplies. It also provides engineering services. The company serves healthcare, industrial technology, and semiconductor equipment manufacturing industries. XP Power Limited was founded in 1988 and is based in Singapore.