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Analysts’ Opinions Are Mixed on These Technology Stocks: Xero Limited (OtherXROLF) and BYD Electronic (International) Co (OtherBYDIF)

Tipranks - Mon Mar 30, 6:08PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Xero Limited (XROLF) and BYD Electronic (International) Co (BYDIF).

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Xero Limited (XROLF)

Citi analyst Siraj Ahmed maintained a Buy rating on Xero Limited today and set a price target of A$144.80. The company’s shares closed last Friday at $50.00.

According to TipRanks.com, Ahmed is a 1-star analyst with an average return of -0.3% and a 41.6% success rate. Ahmed covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Wisetech Global, and Nextdc Limited. ;'>

Xero Limited has an analyst consensus of Strong Buy, with a price target consensus of $108.78, which is an 117.6% upside from current levels. In a report issued on March 27, TipRanks – PerPlexity also upgraded the stock to Buy with a A$81.00 price target.

See today’s best-performing stocks on TipRanks >>

BYD Electronic (International) Co (BYDIF)

Jefferies analyst Jacky He downgraded BYD Electronic (International) Co to Hold today and set a price target of HK$35.00. The company’s shares closed last Friday at $3.96.

According to TipRanks.com, He is ranked #5347 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BYD Electronic (International) Co with a $4.77 average price target.

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