Deutsche Bank Aktiengesellschaft Reiterates Hold Rating for XP Power (LON:XPP)

XP Power (LON:XPP)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank Aktiengesellschaft in a report released on Wednesday,Digital Look reports. They presently have a GBX 1,400 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential downside of 21.61% from the company’s current price.

A number of other equities analysts have also commented on XPP. Shore Capital Group reaffirmed a “buy” rating on shares of XP Power in a report on Thursday, April 23rd. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,870 price objective on shares of XP Power in a research report on Wednesday. Finally, Berenberg Bank raised their price target on shares of XP Power from GBX 1,500 to GBX 2,120 and gave the company a “buy” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,859.50.

XP Power Stock Up 5.1%

XP Power stock traded up GBX 86 during mid-day trading on Wednesday, reaching GBX 1,786. The stock had a trading volume of 100,489 shares, compared to its average volume of 135,818. The firm has a market capitalization of £500.65 million, a PE ratio of -42.52, a price-to-earnings-growth ratio of 0.44 and a beta of 1.80. XP Power has a fifty-two week low of GBX 843 and a fifty-two week high of GBX 2,060. The stock’s 50-day simple moving average is GBX 1,830.71 and its 200-day simple moving average is GBX 1,567.53. The company has a debt-to-equity ratio of 74.61, a quick ratio of 0.69 and a current ratio of 1.59.

XP Power Company Profile

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.