Xebec Adsorption (OTCMKTS:XEBEF) had its price target trimmed by National Bank Financial from C$4.50 to C$4.00 in a report published on Tuesday, The Fly reports.
XEBEF has been the subject of a number of other research reports. TD Securities increased their target price on Xebec Adsorption from C$3.00 to C$3.75 and gave the company a hold rating in a report on Friday, November 5th. reduced their target price on Xebec Adsorption from C$5.00 to C$4.50 and set a buy rating for the company in a report on Wednesday, November 3rd. Finally, Desjardins increased their target price on Xebec Adsorption from C$5.00 to C$5.50 and gave the company a buy rating in a report on Tuesday, November 16th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of Buy and a consensus price target of $4.58.
OTCMKTS XEBEF opened at $1.73 on Tuesday. Xebec Adsorption has a twelve month low of $1.69 and a twelve month high of $9.00. The stock has a 50-day moving average of $2.08 and a 200 day moving average of $2.47.
Xebec Adsorption, Inc engages in the design and manufacture of environmentally responsible purification, separation, dehydration, and filtration equipment for gases and compressed air. It operates through the following segments: Systems, Service, and Infrastructure. The System segment provides renewable natural gas, hydrogen, and renewable hydrogen for a variety of applications, from fuel cells to fossil fuel replacement applications for low carbon transportation fuels.
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