XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

5,500.00p
   
  • Change Today:
      60.00p
  • 52 Week High: 5,700.00p
  • 52 Week Low: 3,500.00p
  • Currency: UK Pounds
  • Shares Issued: 19.64m
  • Volume: 19,513
  • Market Cap: £1,080.33m
  • RiskGrade: 173

Berenberg raises target price on XP Power

By Iain Gilbert

Date: Wednesday 03 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg raised their target price on XP Power from 5,500.0p to 5,945.0p on Wednesday following the group's "impressive" 2020 performance.
Berenberg highlighted that XP Power had delivered organic revenue growth of 17% year-on-year, operating margins of 19.7%, up 220bp, strong cash generation, 98% conversion, and adjusted pre-tax profits 4% ahead of market expectations.

While the analysts acknowledged that £15.0m-20.0m of Covid-19 related healthcare orders were not expected to repeat in 2021, they said the company was still well placed to benefit from a cyclical recovery in industrial technology alongside continued momentum in semiconductors.

"We believe XPP deserves credit for its execution through a difficult period and we continue to see significant short and long-term tailwinds for the company," said Berenberg, which reiterated its 'buy' rating on the stock.

The German bank added that in the medium to long term, it believes earnings can double in five years through structural growth in XP's end-markets and market share gains.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

XPP Market Data

Currency UK Pounds
Share Price 5,500.00p
Change Today 60.00p
% Change 1.10 %
52 Week High 5,700.00p
52 Week Low 3,500.00p
Volume 19,513
Shares Issued 19.64m
Market Cap £1,080.33m
RiskGrade 173

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.12% above the market average49.12% above the market average49.12% above the market average49.12% above the market average49.12% above the market average
72.22% below the sector average72.22% below the sector average72.22% below the sector average72.22% below the sector average72.22% below the sector average
Price Trend
62.90% above the market average62.90% above the market average62.90% above the market average62.90% above the market average62.90% above the market average
40.54% above the sector average40.54% above the sector average40.54% above the sector average40.54% above the sector average40.54% above the sector average
Income
83.18% above the market average83.18% above the market average83.18% above the market average83.18% above the market average83.18% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Growth
3.93% below the market average3.93% below the market average3.93% below the market average3.93% below the market average3.93% below the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

XPP Dividends

  Latest Previous
  Q1 Final
Ex-Div 17-Jun-21 25-Mar-21
Paid 14-Jul-21 28-Apr-21
Amount 18.00p 36.00p

Trades for 23-Jun-2021

Time Volume / Share Price
16:35 5,781 @ 5,500.00p
16:29 2 @ 5,470.00p
16:29 3 @ 5,500.00p
16:29 1 @ 5,500.00p
16:29 12 @ 5,500.00p

XPP Key Personnel

CEO Gavin Griggs
CFO Oskar Zahn

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