Xebec Adsorption (TSE:XBC) had its price target reduced by National Bank Financial from C$6.00 to C$5.00 in a research note issued to investors on Friday, Stock Target Advisor reports. National Bank Financial currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Xebec Adsorption’s Q3 2021 earnings at $0.00 EPS.
A number of other equities analysts have also issued reports on XBC. TD Securities reduced their price target on shares of Xebec Adsorption from C$10.00 to C$7.50 and set a speculative buy rating for the company in a research report on Friday, March 26th. Raymond James reduced their price target on shares of Xebec Adsorption from C$6.50 to C$5.50 and set an outperform rating for the company in a research report on Friday. Canaccord Genuity reduced their price target on shares of Xebec Adsorption to C$4.50 and set a strong-buy rating for the company in a research report on Friday, March 26th. Roth Capital lowered shares of Xebec Adsorption from a buy rating to a neutral rating in a research report on Friday, March 26th. Finally, Cormark lifted their target price on shares of Xebec Adsorption to C$5.20 and gave the company a buy rating in a report on Monday, May 10th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of C$5.54.
XBC stock opened at C$4.14 on Friday. The stock has a 50 day moving average of C$4.45. The firm has a market cap of C$634.19 million and a PE ratio of -11.90. The company has a quick ratio of 2.79, a current ratio of 3.60 and a debt-to-equity ratio of 16.89. Xebec Adsorption has a 52 week low of C$3.15 and a 52 week high of C$11.55.
Xebec Adsorption Company Profile
Xebec Adsorption Inc Designs, manufactures, and sells purification, separation, dehydration, and filtration equipment for gases and compressed air in Canada, the United States, China, Korea, Italy, France, and internationally. It operates in three segments: Systems, Infrastructure, and Support. The company offers on-site air dehydration under the ADX Solutions brand; biogas to renewable natural gas systems under the BGX Solutions brand; hydrogen purification systems under the H2X Solutions brand; natural gas dehydration units for refueling stations under the NGX Solutions brand; and products for the filtration and separation of air and gases under FSX Solutions brand.
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