Ixia Price Target Increased to $24.00 by Analysts at Deutsche Bank (XXIA)
Shares of Ixia traded up 0.36% during mid-day trading on Friday, hitting $22.01. Ixia has a one year low of $9.95 and a one year high of $22.50. The stock’s 50-day moving average is currently $20.25. The company has a market cap of $1.631 billion and a P/E ratio of 35.95.
XXIA has been the subject of a number of other recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of Ixia to $24.00 in a research note to investors on Thursday, February 7th. Separately, analysts at Lazard Capital Markets downgraded shares of Ixia from a buy rating to a neutral rating in a research note to investors on Friday, January 18th. They now have a $20.00 price target on the stock. Finally, analysts at Wunderlich raised their price target on shares of Ixia from $18.00 to $21.00 in a research note to investors on Monday, January 14th. They now have a buy rating on the stock.
Five research analysts have rated the stock with a buy rating, and two have given a hold rating to the company’s stock. The company currently has an average rating of overweight and a consensus target price of $22.80.
Ixia is a provider of converged test systems and services for wireless and wired infrastructures and services.
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