Berenberg Bank Reaffirms Buy Rating for XP Power (LON:XPP)

XP Power (LON:XPP)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report released on Wednesday, Marketbeat Ratings reports. They currently have a GBX 1,500 target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 45.07% from the company’s previous close.

XP Power Stock Performance

Shares of XP Power stock opened at GBX 1,034 on Wednesday. The company has a current ratio of 1.87, a quick ratio of 0.69 and a debt-to-equity ratio of 110.81. XP Power has a 12-month low of GBX 600 and a 12-month high of GBX 1,422. The firm has a market capitalization of £289.85 million, a price-to-earnings ratio of -18.27, a PEG ratio of 0.44 and a beta of 1.48. The firm’s 50 day simple moving average is GBX 938 and its two-hundred day simple moving average is GBX 859.75.

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.