XP Power’s (XPP) Buy Rating Reaffirmed at Numis Securities

Numis Securities restated their buy rating on shares of XP Power (LON:XPP) in a research note released on Thursday, Marketbeat reports. They currently have a GBX 1,380 ($17.47) price target on the stock.

Several other analysts also recently weighed in on XPP. Jefferies Financial Group upgraded shares of XP Power to a buy rating and set a GBX 1,640 ($20.76) price objective for the company in a research report on Wednesday, January 31st. Berenberg Bank reaffirmed a buy rating and set a GBX 1,400 ($17.72) price objective on shares of XP Power in a report on Wednesday.

XP Power Price Performance

Shares of LON XPP opened at GBX 1,090 ($13.80) on Thursday. The stock’s 50-day simple moving average is GBX 1,135.56 and its 200-day simple moving average is GBX 1,221.60. The firm has a market capitalization of £258.11 million, a PE ratio of -2,422.22, a price-to-earnings-growth ratio of 0.44 and a beta of 1.38. XP Power has a fifty-two week low of GBX 682.41 ($8.64) and a fifty-two week high of GBX 2,489.20 ($31.50). The company has a debt-to-equity ratio of 116.42, a quick ratio of 0.69 and a current ratio of 1.92.

Insider Transactions at XP Power

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