Xaar plc (LON:XAR)‘s stock had its “add” rating reaffirmed by stock analysts at Peel Hunt in a research note issued to investors on Monday. They presently have a GBX 535 ($7.04) target price on the stock. Peel Hunt’s target price indicates a potential upside of 37.98% from the company’s current price.

Separately, N+1 Singer reiterated a “corporate” rating on shares of Xaar plc in a research note on Monday.

Shares of Xaar plc (LON XAR) traded down GBX 69 ($0.91) during mid-day trading on Monday, reaching GBX 387.75 ($5.10). The company had a trading volume of 383,670 shares, compared to its average volume of 104,042. Xaar plc has a one year low of GBX 325 ($4.27) and a one year high of GBX 509.05 ($6.70).

TRADEMARK VIOLATION WARNING: This news story was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/11/20/peel-hunt-reiterates-add-rating-for-xaar-plc-xar.html.

In related news, insider Lily Liu acquired 10,000 shares of Xaar plc stock in a transaction on Friday, September 8th. The stock was acquired at an average price of GBX 411 ($5.41) per share, for a total transaction of £41,100 ($54,057.61).

About Xaar plc

Xaar plc is engaged in the development of digital inkjet technology and manufacture of piezoelectric drop-on-demand industrial inkjet printheads. The Company’s segments are product sales, commissions and fees, and royalties. It offers a range of industrial inkjet printheads and printhead systems, which are designed and produced to meet the customer-driven requirements of a range of manufacturing applications.

Receive News & Stock Ratings for Xaar plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xaar plc and related stocks with our FREE daily email newsletter.