Peel Hunt Increases XP Power Ltd. (XPP) Price Target to GBX 3,200

XP Power Ltd. (LON:XPP) had its price target boosted by Peel Hunt from GBX 2,680 ($35.24) to GBX 3,200 ($42.07) in a research note released on Monday morning. Peel Hunt currently has a buy rating on the stock.

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The business also recently disclosed a dividend, which will be paid on Thursday, January 11th. Shareholders of record on Thursday, December 14th will be issued a GBX 18 ($0.24) dividend. This is an increase from XP Power’s previous dividend of $16.00. This represents a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, December 14th.

XP Power Company Profile

XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components for the electronics industry. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company’s segment include Europe, North America and Asia geographical.

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