Xaar (XAR) Receives Corporate Rating from N+1 Singer

N+1 Singer restated their corporate rating on shares of Xaar (LON:XAR) in a research note published on Friday morning.

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).

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Xaar Company Profile

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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