XP Power (LON:XPP) Stock Rating Reaffirmed by Berenberg Bank

XP Power (LON:XPP)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 1,400 ($17.72) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 28.68% from the stock’s previous close.

Separately, Jefferies Financial Group raised XP Power to a “buy” rating and set a GBX 1,640 ($20.76) price objective on the stock in a report on Wednesday, January 31st.

XP Power Stock Performance

Shares of LON XPP opened at GBX 1,088 ($13.77) on Wednesday. The stock has a market cap of £257.64 million, a price-to-earnings ratio of -2,417.78, a P/E/G ratio of 0.44 and a beta of 1.38. The company has a current ratio of 1.92, a quick ratio of 0.69 and a debt-to-equity ratio of 116.42. XP Power has a 1-year low of GBX 682.41 ($8.64) and a 1-year high of GBX 2,489.20 ($31.50). The stock’s 50-day moving average is GBX 1,156.36 and its 200 day moving average is GBX 1,249.65.

Insider Transactions at XP Power

In other news, insider Gavin Griggs sold 1,074 shares of XP Power stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of GBX 1,032 ($13.06), for a total value of £11,083.68 ($14,028.20). Corporate insiders own 5.09% 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.