Xaar’s (XAR) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Xaar (LON:XAR) in a research note published on Tuesday morning, Stock Target Advisor reports. They currently have a GBX 51 ($0.67) price objective on the stock.

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

Xaar stock opened at GBX 20.20 ($0.27) on Tuesday. Xaar has a 1 year low of GBX 19.74 ($0.26) and a 1 year high of GBX 118.20 ($1.55). The firm has a 50 day moving average price of GBX 35.27 and a 200 day moving average price of GBX 48.82. The company has a market cap of $15.84 million and a price-to-earnings ratio of -0.25. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.23 and a current ratio of 5.16.

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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