XP Power (LON:XPP) Price Target Raised to GBX 4,170 at Berenberg Bank

XP Power (LON:XPP) had its price objective upped by Berenberg Bank from GBX 3,330 ($43.80) to GBX 4,170 ($54.85) in a research report released on Friday morning, Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Several other research analysts have also commented on the stock. Peel Hunt raised their price objective on shares of XP Power from GBX 2,850 ($37.49) to GBX 3,350 ($44.07) and gave the company a buy rating in a research note on Monday, January 13th. Peel Hunt reiterated a buy rating and issued a GBX 2,850 ($37.49) price target on shares of XP Power in a research note on Thursday, October 24th.

LON XPP opened at GBX 3,640 ($47.88) on Friday. The firm has a 50 day simple moving average of GBX 3,048.20 and a 200-day simple moving average of GBX 2,553.54. The company has a debt-to-equity ratio of 48.37, a quick ratio of 1.60 and a current ratio of 3.56. XP Power has a one year low of GBX 1,855 ($24.40) and a one year high of GBX 3,240 ($42.62). The firm has a market cap of $711.97 million and a price-to-earnings ratio of 27.41.

About XP Power

XP Power Limited, an investment holding company, design and manufactures power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, including open-frame, enclosed, desktop, configurable, and DIN rail power supplies; DC-DC converters; LED drivers; high voltage power supplies; and EMI filters.

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