Several other research firms have also recently issued reports on XAR. Peel Hunt cut Xaar to an add rating and upped their price objective for the stock from GBX 470 ($6.33) to GBX 535 ($7.20) in a research report on Tuesday, October 31st. Jefferies Group lowered their price objective on Xaar from GBX 560 ($7.54) to GBX 500 ($6.73) and set a buy rating for the company in a research report on Friday, November 24th.
Xaar (LON XAR) opened at GBX 386 ($5.20) on Friday. Xaar has a 1 year low of GBX 325 ($4.37) and a 1 year high of GBX 509.05 ($6.85).
Xaar plc is engaged in the development of digital inkjet technology and manufacture of piezoelectric drop-on-demand industrial inkjet printheads. The Company’s segments are product sales, commissions and fees, and royalties. It offers a range of industrial inkjet printheads and printhead systems, which are designed and produced to meet the customer-driven requirements of a range of manufacturing applications.
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