National Bank Financial Trims Xebec Adsorption (OTCMKTS:XEBEF) Target Price to C$4.00

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 Company Profile

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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