Jefferies Financial Group Reiterates Buy Rating for Xaar (LON:XAR)

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Jefferies Financial Group reiterated their buy rating on shares of Xaar (LON:XAR) in a report published on Tuesday, Stock Target Advisor reports. The brokerage currently has a GBX 51 ($0.67) target price on the stock.

Separately, Peel Hunt reissued a hold rating on shares of Xaar in a report on Wednesday, February 19th.

XAR opened at GBX 20.20 ($0.27) on Tuesday. The stock has a market capitalization of $15.84 million and a PE ratio of -0.25. The firm’s fifty day moving average price is GBX 35.27 and its 200 day moving average price is GBX 48.82. The company has a debt-to-equity ratio of 3.44, a current ratio of 5.16 and a quick ratio of 3.23. Xaar has a 12-month low of GBX 19.74 ($0.26) and a 12-month high of GBX 118.20 ($1.55).

About Xaar

Xaar plc develops digital inkjet technology in Europe, the Middle East, Africa, Asia, and the Americas. It operates in two segments, Product Sales, Commissions and Fees; and Royalties. The company designs and manufactures piezoelectric drop-on-demand industrial inkjet print heads, product decoration systems, industrial 3d printing systems, inks and fluids, and systems components.

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