Xeros Technology Group (LON:XSG) Price Target Cut to GBX 20 by Analysts at Berenberg Bank

Xeros Technology Group (LON:XSG) had its price objective dropped by equities research analysts at Berenberg Bank from GBX 40 ($0.52) to GBX 20 ($0.26) in a research note issued on Friday, September 20th, ThisIsMoney.Co.Uk reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 191.12% from the company’s current price.

XSG opened at GBX 6.87 ($0.09) on Friday. Xeros Technology Group has a fifty-two week low of GBX 5.70 ($0.07) and a fifty-two week high of GBX 54.58 ($0.71). The company has a market capitalization of $17.66 million and a P/E ratio of -0.24. The stock has a fifty day moving average of GBX 7.54 and a 200-day moving average of GBX 8.55.

Xeros Technology Group Company Profile

Xeros Technology Group plc, together with its subsidiaries, develops and commercializes polymer based cleaning equipment, consumables, and services in Europe and North America. The company also engages in the research, development, and commercialization of polymer technology alternatives to traditional aqueous based technologies.

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