XP Power (LON:XPP) Given “Hold” Rating at Jefferies Financial Group

Posted by on Mar 1st, 2023

Jefferies Financial Group reissued their hold rating on shares of XP Power (LON:XPP – Get Rating) in a research note published on Tuesday morning, MarketBeat reports. They currently have a GBX 2,700 ($32.58) target price on the stock.

Separately, Berenberg Bank cut XP Power to a hold rating and set a GBX 2,430 ($29.32) price objective on the stock. in a research report on Monday, February 20th.

XP Power Trading Up 5.6 %

Shares of XP Power stock opened at GBX 2,471.18 ($29.82) on Tuesday. The stock has a fifty day simple moving average of GBX 2,354.03 and a 200 day simple moving average of GBX 2,058.62. XP Power has a 12-month low of GBX 1,402 ($16.92) and a 12-month high of GBX 4,155 ($50.14). The company has a market capitalization of £487.56 million, a P/E ratio of -1,857.01, a price-to-earnings-growth ratio of 0.44 and a beta of 1.36. The company has a current ratio of 1.79, a quick ratio of 0.69 and a debt-to-equity ratio of 110.44.

XP Power Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 27th. Investors of record on Thursday, March 23rd will be paid a dividend of GBX 36 ($0.43) per share. This represents a dividend yield of 1.47%. This is a positive change from XP Power’s previous dividend of $21.00. The ex-dividend date of this dividend is Thursday, March 23rd. XP Power’s payout ratio is presently -7,014.93%.

About XP Power

(Get Rating)

XP Power Limited, an investment holding company, designs and manufactures power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage DC-DC converters, high voltage AC-DC power supplies, RF power systems, EMI filters, custom power supplies, and 3 phase power sources.

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