XP Power Ltd. (XPP) Given “Buy” Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of XP Power Ltd. (LON:XPP) in a research note released on Tuesday morning. They currently have a GBX 3,600 ($47.51) target price on the stock.

Separately, Investec upped their price objective on shares of XP Power from GBX 3,130 ($41.30) to GBX 3,430 ($45.26) and gave the stock a buy rating in a report on Monday, October 9th.

Shares of XP Power (LON:XPP) opened at GBX 3,620 ($47.77) on Tuesday.

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The business also recently disclosed a dividend, which will be paid on Thursday, January 11th. Investors of record on Thursday, December 14th will be issued a GBX 18 ($0.24) dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a yield of 0.58%. This is an increase from XP Power’s previous dividend of $16.00.

XP Power Company Profile

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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