XP Power (LON:XPP) Given Buy Rating at Berenberg Bank

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XP Power (LON:XPP)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report issued on Wednesday, February 12th, MarketBeat reports.

XPP has been the topic of a number of other research reports. Citigroup downgraded XP Power to a “neutral” rating in a report on Wednesday, February 5th. Peel Hunt reiterated a “buy” rating and set a GBX 2,850 ($37.49) target price on shares of XP Power in a report on Thursday, October 24th. Finally, Peel Hunt upped their target price on XP Power from GBX 2,850 ($37.49) to GBX 3,350 ($44.07) and gave the stock a “buy” rating in a report on Monday, January 13th.

Shares of XPP stock traded down GBX 110 ($1.45) during midday trading on Wednesday, reaching GBX 3,230 ($42.49). 26,379 shares of the stock were exchanged, compared to its average volume of 12,450. XP Power has a 1 year low of GBX 1,855 ($24.40) and a 1 year high of GBX 3,880 ($51.04). The company’s 50 day moving average is GBX 3,426.40 and its two-hundred day moving average is GBX 2,790.61. The company has a current ratio of 3.56, a quick ratio of 1.60 and a debt-to-equity ratio of 48.37. The firm has a market cap of $623.22 million and a PE ratio of 24.32.

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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