Xchanging Plc (LON: XCH)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a report released on Thursday. They currently have a $1.97 (130 GBX) target price on the stock.

Shares of Xchanging Plc traded up 11.33% during mid-day trading on Thursday, hitting GBX 142.50. Xchanging Plc has a one year low of GBX 85.469 and a one year high of GBX 128.75. The stock’s 50-day moving average is currently GBX 115.. The company’s market cap is £341.4 million.

Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Xchanging Plc in a research note to investors on Thursday. They now have a $2.05 price target on the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Xchanging Plc in a research note to investors on Monday. They now have a $1.93 price target on the stock.

Xchanging plc is a holding company. The Company, along with its subsidiaries, provides a range of business processing services, primarily to the financial services and insurance industries, as well as procurement, and technology services across industries.

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