UBS Reaffirms Their Buy Rating on Xero Limited (XROLF)
UBS analyst Lucy Huang maintained a Buy rating on Xero Limited today and set a price target of A$174.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Huang covers the Communication Services sector, focusing on stocks such as REA Group Ltd, Seek Limited, and CAR Group. According to TipRanks, Huang has an average return of 5.2% and a 50.48% success rate on recommended stocks.
In addition to UBS, Xero Limited also received a Buy from Citi’s Siraj Ahmed in a report issued today. However, yesterday, TipRanks – OpenAI reiterated a Hold rating on Xero Limited (Other OTC: XROLF).
XROLF market cap is currently A$15.93B and has a P/E ratio of 60.07.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of XROLF in relation to earlier this year.
Read More on XROLF:
Disclaimer & DisclosureReport an Issue
- Xero Issues 65,266 Unquoted Restricted Stock Units Under Employee Incentive Plan
- Xero Issues Investor Briefing with Guidance on Use of Financial and Forward-Looking Information
- Xero Seeks ASX Quotation for New Tranche of Ordinary Shares
- Xero Reports Lapse of Restricted Stock Units and Options
- Xero Limited upgraded to Outperform from Sector Perform at RBC Capital
