XP Power (LON:XPP) Given “Buy” Rating at Numis Securities

XP Power (LON:XPP)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 1,380 ($17.47) target price on the stock. Numis Securities’ price target points to a potential upside of 25.91% from the stock’s previous close.

A number of other analysts have also commented on XPP. Jefferies Financial Group raised shares of XP Power to a “buy” rating and set a GBX 1,640 ($20.76) price objective on the stock in a research report on Wednesday, January 31st. Berenberg Bank reissued a “buy” rating and issued a GBX 1,400 ($17.72) price objective on shares of XP Power in a research report on Wednesday.

XP Power Stock Performance

Shares of XPP stock opened at GBX 1,096 ($13.87) on Thursday. The company’s fifty day simple moving average is GBX 1,156.36 and its 200-day simple moving average is GBX 1,249.65. The company has a quick ratio of 0.69, a current ratio of 1.92 and a debt-to-equity ratio of 116.42. The firm has a market cap of £259.53 million, a PE ratio of -2,426.67, a P/E/G ratio of 0.44 and a beta of 1.38. XP Power has a 12 month low of GBX 682.41 ($8.64) and a 12 month high of GBX 2,489.20 ($31.50).

Insider Buying and Selling

In other XP Power news, insider Gavin Griggs sold 1,074 shares of the company’s 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). 5.09% of the stock is owned by corporate insiders.

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.