XP Power (LON:XPP) Upgraded by Jefferies Financial Group to Buy Rating

Jefferies Financial Group upgraded shares of XP Power (LON:XPP) to a buy rating in a research report report published on Thursday,London Stock Exchange reports. The brokerage currently has GBX 2,330 price objective on the stock.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,400 price target on shares of XP Power in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, XP Power has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,974.50.

XP Power Price Performance

Shares of LON:XPP opened at GBX 1,936 on Thursday. The company has a market capitalization of £542.70 million, a P/E ratio of -62.05, a P/E/G ratio of 0.44 and a beta of 1.80. The company has a debt-to-equity ratio of 66.55, a current ratio of 1.48 and a quick ratio of 0.69. The firm’s 50 day simple moving average is GBX 1,772.53 and its two-hundred day simple moving average is GBX 1,670.85. XP Power has a 1-year low of GBX 843 and a 1-year high of GBX 2,060.

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. 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.