Peel Hunt Increases XP Power Ltd. (XPP) Price Target to GBX 3,200

XP Power Ltd. (LON:XPP) had its price objective boosted by Peel Hunt from GBX 2,680 ($35.55) to GBX 3,200 ($42.45) in a report issued on Monday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price target indicates a potential upside of 11.50% from the company’s previous close.

Shares of XP Power (XPP) opened at 3060.00 on Monday. The stock’s market capitalization is GBX 582.99 million. XP Power has a 1-year low of GBX 1,675.00 and a 1-year high of GBX 3,060.00. The stock’s 50 day moving average is GBX 2,672.91 and its 200 day moving average is GBX 2,540.15.

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About XP Power

XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components for the electronics industry. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company’s segment include Europe, North America and Asia geographical.

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