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Jefferies Sticks to Its Hold Rating for Xero Limited (XROLF)
In a report released today, Roger Samuel from Jefferies maintained a Hold rating on Xero Limited, with a price target of A$86.80.
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According to TipRanks, Samuel is a 2-star analyst with an average return of 0.5% and a 49.37% success rate. Samuel covers the Communication Services sector, focusing on stocks such as REA Group Ltd, Seek Limited, and CAR Group.
Xero Limited has an analyst consensus of Strong Buy, with a price target consensus of A$142.22.
Based on Xero Limited’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of A$1.24 billion and a net profit of A$139.69 million. In comparison, last year the company earned a revenue of A$995.87 million and had a net profit of A$95.09 million
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