XP Power’s (XPP) “Buy” Rating Reiterated at Shore Capital

Shore Capital restated their buy rating on shares of XP Power (LON:XPP) in a research note published on Monday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 2,048 price objective on the stock.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,500 price target on shares of XP Power in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, XP Power has an average rating of “Moderate Buy” and a consensus price target of GBX 1,512.67.

XP Power Price Performance

XPP stock opened at GBX 1,049 on Monday. XP Power has a twelve month low of GBX 600 and a twelve month high of GBX 1,347.03. The company has a current ratio of 1.87, a quick ratio of 0.69 and a debt-to-equity ratio of 110.81. The company has a market capitalization of £294.06 million, a P/E ratio of -18.53, a PEG ratio of 0.44 and a beta of 1.48. The business has a 50 day simple moving average of GBX 913.80 and a 200-day simple moving average of GBX 927.70.

Insider Buying and Selling at XP Power

In related news, insider Daniel Shook acquired 768 shares of XP Power stock in a transaction that occurred on Friday, October 24th. The stock was acquired at an average price of GBX 1,038 per share, for a total transaction of £7,971.84. Also, insider Gavin Griggs sold 3,002 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of GBX 904, for a total value of £27,138.08. Insiders own 5.11% of the company’s stock.

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.