Deutsche Bank Aktiengesellschaft Reaffirms Hold Rating for XP Power (LON:XPP)

XP Power (LON:XPP)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 1,400 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential downside of 21.61% from the stock’s current price.

A number of other analysts have also recently commented on the company. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,870 price target on shares of XP Power in a research report on Wednesday. Shore Capital Group reiterated a “buy” rating on shares of XP Power in a research report on Thursday, April 23rd. Finally, Berenberg Bank upped their price objective on XP Power from GBX 1,500 to GBX 2,120 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,859.50.

XP Power Stock Up 5.1%

Shares of XPP traded up GBX 86 during mid-day trading on Wednesday, hitting GBX 1,786. 100,489 shares of the company traded hands, compared to its average volume of 135,818. The company has a market capitalization of £500.65 million, a PE ratio of -42.52, a price-to-earnings-growth ratio of 0.44 and a beta of 1.80. The company has a quick ratio of 0.69, a current ratio of 1.59 and a debt-to-equity ratio of 74.61. The business has a 50 day moving average of GBX 1,830.71 and a 200 day moving average of GBX 1,567.53. XP Power has a 1-year low of GBX 843 and a 1-year high of GBX 2,060.

XP Power Company Profile

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. It also provides engineering services. The company serves healthcare, industrial technology, and semiconductor equipment manufacturing industries. XP Power Limited was founded in 1988 and is based in Singapore.