XP Power Ltd. (DI) (XPP)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

5,300.00p
   
  • Change Today:
      30.00p
  • 52 Week High: 5,700.00
  • 52 Week Low: 3,500.00
  • Currency: UK Pounds
  • Shares Issued: 19.64m
  • Volume: 72,283
  • Market Cap: £1,041.04m
  • RiskGrade: 173

Berenberg reiterates 'buy' rating on XP Power following 'impressive' Q1 update

By Iain Gilbert

Date: Wednesday 14 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 5,945.0p target price on XP Power after the firm posted an "impressive" set of first-quarter results against some "tough" comparatives.
Berenberg stated that XP Power had issued a solid first-quarter trading update on Tuesday, with constant currency order intake increasing 7% year-on-year, ongoing strength in semiconductors and a recovery in industrial technology that more than offset a clearly signposted reversal in healthcare orders.

The German bank also pointed out that XP Power saw revenue increase 23% year-on-year on a constant currency basis, with book-to-bill of 1.29 times.

Berenberg said following an "impressive" 2020, it was "encouraging" to see the momentum continue into 2021, and while guidance for the full year remained unchanged, the analysts view this as "a positive start to the year".

"Shares have lagged the sector year-to-date despite the continued positive semiconductor commentary, which we feel is unwarranted," concluded Berenberg.

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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 5,300.00p
Change Today 30.00p
% Change 0.57 %
52 Week High 5,700.00
52 Week Low 3,500.00
Volume 72,283
Shares Issued 19.64m
Market Cap £1,041.04m
RiskGrade 173

XPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.75% above the market average49.75% above the market average49.75% above the market average49.75% above the market average49.75% 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
62.52% above the market average62.52% above the market average62.52% above the market average62.52% above the market average62.52% above the market average
29.73% above the sector average29.73% above the sector average29.73% above the sector average29.73% above the sector average29.73% above the sector average
Income
83.89% above the market average83.89% above the market average83.89% above the market average83.89% above the market average83.89% 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
4.9% below the market average4.9% below the market average4.9% below the market average4.9% below the market average4.9% below the market average
70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% 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 18-Jun-2021

Time Volume / Share Price
16:37 16,755 @ 5,300.00p
16:41 153 @ 5,300.00p
16:41 750 @ 5,300.00p
16:37 5,000 @ 5,267.15p
16:35 27,804 @ 5,300.00p

XPP Key Personnel

CEO Gavin Griggs
CFO Oskar Zahn

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