Jefferies Financial Group Reaffirms Hold Rating for XP Power (LON:XPP)

XP Power (LON:XPP)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a report issued on Friday,Digital Look reports. They presently have a GBX 1,140 target price on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 20.83% from the stock’s current price.

A number of other brokerages have also recently commented on XPP. Shore Capital Group restated a “buy” rating on shares of XP Power in a research report on Thursday. Berenberg Bank raised their price target on XP Power from GBX 975 to GBX 1,400 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, XP Power currently has an average rating of “Moderate Buy” and an average price target of GBX 1,529.33.

XP Power Price Performance

LON XPP opened at GBX 1,440 on Friday. 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 has a 52-week low of GBX 664 and a 52-week high of GBX 1,560. The stock has a market cap of £403.66 million, a price-to-earnings ratio of -34.29, a PEG ratio of 0.44 and a beta of 1.62. The business has a 50 day simple moving average of GBX 1,353.37 and a 200 day simple moving average of GBX 1,127.78.

Insider Transactions at XP Power

In other XP Power news, insider Jamie Pike bought 7,496 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were purchased at an average price of GBX 1,330 per share, for a total transaction of £99,696.80. Also, insider Charlotta Ginman bought 1,515 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average price of GBX 1,336 per share, for a total transaction of £20,240.40. Insiders own 5.12% 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.