XP Power Ltd. (LON:XPP) had its price target hoisted by Investec from GBX 3,130 ($41.15) to GBX 3,430 ($45.10) in a research report sent to investors on Monday morning. The brokerage currently has a buy rating on the stock.
Separately, Peel Hunt increased their target price on shares of XP Power from GBX 2,680 ($35.24) to GBX 3,200 ($42.07) and gave the company a buy rating in a research note on Monday.
The firm also recently declared a dividend, which will be paid on Thursday, January 11th. Investors of record on Thursday, December 14th will be given a GBX 18 ($0.24) dividend. This represents a yield of 0.58%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from XP Power’s previous dividend of $16.00.
XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components for the electronics industry. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company’s segment include Europe, North America and Asia geographical.
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