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UBS Reaffirms Their Buy Rating on Xero Limited (XROLF)

Tipranks - Wed Feb 4, 5:38PM CST

UBS analyst Lucy Huang maintained a Buy rating on Xero Limited today and set a price target of A$174.00.

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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.

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